CVNA Aug 2023 3.500 call
| Previous close | 12.70 |
| Open | 12.70 |
| Bid | 12.10 |
| Ask | 12.30 |
| Strike | 3.50 |
| Expiry date | 2023-08-18 |
| Day's range | 12.70 - 12.70 |
| Contract range | N/A |
| Volume | |
| Open interest | 14 |
Motley FoolWhy Carvana Stock Ripped 38% Higher This Week
The company got a credit upgrade on its auto loan securitizations and launched a new national advertising campaign. As of this writing, shares of Carvana are up 33% this week and an astonishing 240% year to date. Carvana's business model is buying and selling used cars on its marketplace, facilitating transactions between consumers and wholesale purchasers.
Motley FoolWhy Carvana Stock Skyrocketed 86% in May
Shares of Carvana (NYSE: CVNA) were soaring last month as the online used car dealer took a big step on its comeback trail by posting better-than-expected first-quarter results and guiding to an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) profit in the second quarter. The update helped reassure investors that the stock would be able to avoid bankruptcy after plunging as much as 99% from its peak in 2021 on slowing growth and mounting losses, especially as interest rates rise and used car prices fell for much of last year. According to data from S&P Global Market Intelligence, Carvana stock finished the month up 86% as a short squeeze seemed to carry the stock following the earnings report.
Business WireCarvana Co. Announces Expiration of Private Exchange Offers Relating to Existing Notes
PHOENIX, June 02, 2023--Carvana Co. Announces Expiration of Private Exchange Offers Relating to Existing Notes
Motley FoolWhy Carvana Stock Was Rallying Again Today
Shares of online used car dealer Carvana (NYSE: CVNA) were jumping double digits for the second time this week. This time the catalyst was a credit rating upgrade by S&P Global on some Carvana-sponsored securitizations. As a result, Carvana stock was up 18.3% as of noon ET.
- Business Wire
S&P Global Ratings Upgrades Securitizations Sponsored by Carvana Due to Continued Strength in Loan Performance
PHOENIX, June 01, 2023--S&P Global Ratings Upgrades Securitizations Sponsored by Carvana Due to Continued Strength in Loan Performance
Business WireCarvana Ranks Among Best Employers For Diversity in 2023
PHOENIX, May 31, 2023--Carvana (NYSE: CVNA), an industry pioneer for buying and selling cars online, is recognized by Forbes as one of the Best Employers for Diversity in 2023. Carvana is the largest online used car dealer in the United States, employing thousands of people representing a variety of perspectives and cultural backgrounds. This recognition lands on the heels of Carvana’s recent designation by the publication as one of America’s Best Employers, and celebrates the work of its leader
Motley FoolWhy Carvana Stock Was Moving Higher Today
Shares of Carvana (NYSE: CVNA) were gaining today as the stock seemed to respond along with other growth stocks to a deal to raise the debt ceiling. Carvana also launched a new national ad campaign over the weekend, showing the company beginning to invest in its growth after sharply cutting back on spending to cut its losses. Carvana said yesterday it was launching a new national ad campaign, focusing on five-star reviews from happy customers, a move that shows the company is going on offense again after cutting back on spending to improve its bottom line.
Motley Fool3 Stocks to Avoid This Week
Wall Street moved slightly higher last week. I thought my three stocks to avoid -- Best Buy, Carvana, and Big Lots -- were going to lose to the market in the past week. They rose 5%, soared 9%, and plummeted 21%, respectively.
Business WireCarvana Launches New National Ad Campaign
PHOENIX, May 29, 2023--Carvana's new ad campaign celebrates real customers' five-star reviews of the online auto retailer's fast, easy car buying and selling experience.
ZacksZacks Market Edge Highlights: AutoZone, Carvana, Ford, Toyota and Penske
AutoZone, Carvana, Ford, Toyota and Penske have been highlighted in this Market Edge article.
ZacksAre There Investing Opportunities in the Auto Stocks in 2023?
The auto industry is at a crossroads after 3 years of red-hot sales, supply chain disruptions and regulatory pressures
Motley FoolPrediction: These 2 Struggling Stocks Won't Survive a Recession
Bad companies can survive when times are good, even if their business models fundamentally don't work. Carvana (NYSE: CVNA) and Wayfair (NYSE: W) made the most of the sky-high demand for used cars and home goods during the pandemic, but the bonanza is now over. Both companies are burning cash and are buried in debt, and neither might make it out of a prolonged recession.
Motley FoolA Bull Market Is Coming: 3 Reasons to Buy Carvana Stock
The Federal Reserve's aggressive interest rate hikes last year posed a headwind for valuations, but with inflation showing some signs of cooling down, maybe a bull market is on the horizon in the not-too-distant future. No doubt, investors would be happy to see this to happen. In this type of scenario, a speculative stock like Carvana (NYSE: CVNA) might do well.
Motley FoolIs Carvana Stock Ready to Make a Comeback?
The used car platform's stock price is up 157% this year, but its future as a publicly traded company is still in jeopardy.
Business WireCarvana Co. Announces Extension of Private Exchange Offers, Withdrawal Deadline and Early Exchange Premium
PHOENIX, May 17, 2023--Carvana Co. (NYSE: CVNA) ("Carvana" or the "Company"), the leading e-commerce platform for buying and selling used cars, today announced that it has extended the expiration date and withdrawal deadline for each of its previously announced offers to exchange (each an "Exchange Offer" and, collectively, the "Exchange Offers") its outstanding existing notes listed below (the "Existing Notes") for up to an aggregate principal amount of $1,000,000,000 (subject to increase or de
Business WireCarvana Champions Accessibility with Pickleball For All, Donates Different Set of Wheels To Para-Athletes
PHOENIX, May 15, 2023--Carvana to donate six sports wheelchairs to aspiring para-athletes at the first annual Pickleball For All clinic.
ZacksWall Street Analysts Think Carvana (CVNA) Could Surge 29.43%: Read This Before Placing a Bet
The mean of analysts' price targets for Carvana (CVNA) points to a 29.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
ZacksIs Chipotle Mexican Grill (CMG) Stock Outpacing Its Retail-Wholesale Peers This Year?
Here is how Chipotle Mexican Grill (CMG) and Carvana (CVNA) have performed compared to their sector so far this year.
Motley FoolWhere Will Carvana Stock Be in 5 Years?
If the past is any indication of the future, Carvana's stock is not likely to be a particularly compelling opportunity for investors.
Motley FoolUp 157% in 2023: Has Carvana Really Made Any Progress?
The headline figures suggest Carvana is making big strides, but there's more to the story for investors.
Motley Fool3 Worries About Carvana's Bullish Guidance
There's seemingly more to celebrate about Carvana (NYSE: CVNA) than most investors were expecting, given the stock's 24% jump last Friday following release of its latest results and outlook. The used car dealer chain just completed its best first quarter ever, generating more gross profit per sold vehicle than it's ever produced. Carvana turned $2.6 billion worth of first-quarter revenue into a gross profit of $341 million.
Motley FoolCarvana: Buy, Sell, or Hold?
Vehicle e-commerce platform Carvana (NYSE: CVNA) has been a lemon for shareholders since the stock peaked at $370 per share in 2021, only to plunge to the low single digits over the past two years. Financial problems have plagued the business, but shares spiked 30% recently after first-quarter earnings showed progress in the company's cost-cutting efforts. After looking at the numbers, here is my view on whether investors should buy, sell, or hold Carvana stock.
Motley FoolWhy Carvana Stock Was Gaining Again Today
Shares of Carvana (NYSE: CVNA) were moving higher for the third day in a row after the company delivered better-than-expected results in its first-quarter earnings report last week, which kicked off a short squeeze that appears to be continuing. After gaining 24% last Friday and 26% on Monday, shares of the online used-car dealer were up 4.5% as of 1:40 p.m. ET, though they rose as much as 17% earlier in the session, showing volatility in the stock continues. Roughly 40 million shares of Carvana had changed hands as of 1:40 p.m. ET, nearly triple its trading volume over the last three months, a sign that short-sellers may be being squeezed; 69% of the float was sold short as of mid-April.
Business WireCarvana Thanks Customers with One-of-a-Kind Videos Detailing the Day They Met Their Car
PHOENIX, May 09, 2023--Carvana's innovative new customer experience combines data science, cutting-edge machine learning, and creativity in the emerging GAN art space.
ZacksCarvana (CVNA) Shows Fast-paced Momentum But Is Still a Bargain Stock
Carvana (CVNA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
