PHOENIX, December 06, 2023--Carvana, an industry pioneer for buying and selling used cars, announces the multi-year extension of its partnership with Phoenix Rising FC. The renewal marks another chapter in the dynamic collaboration between the two Valley-based entities.
PHOENIX, December 05, 2023--Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, hosted institutional investors and analysts for a tour of its Haines City, Florida Inspection and Reconditioning Center (IRC) on Thursday, November 30, 2023. The event provided a real-time look at the company's operational efficiency gains, proprietary technologies, and capacity for future growth.
Shares of Carvana (CVNA) soared more than 10% early Monday after JPMorgan analysts upgraded the stock to "Neutral" from "Underweight" and raised their price target from $25 to $40. After meeting with company executives, analysts believe that Carvana can navigate economic uncertainty and is making progress on things like costs and productivity. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.