Previous close | 0.0700 |
Open | 0.1000 |
Bid | 0.0700 |
Ask | 0.0800 |
Strike | 5.50 |
Expiry date | 2024-01-19 |
Day's range | 0.0700 - 0.1000 |
Contract range | N/A |
Volume | |
Open interest | 20.83k |
Carvana (NYSE: CVNA) shareholders had a distressing 2022. Investors were concerned over mounting losses, a high debt load, and stagnating demand for used car purchases in the United States. Many investors thought the company might file for bankruptcy.
Fool.com contributor Parkev Tatevosian looks at Carvana (NYSE: CVNA) and the company's revenue, cash flow, profitability, and valuation to determine whether the stock is a buy. *Stock prices used were the afternoon prices of Sept.
The sell-off in late 2021 and most of 2022 was the worst period for many investors since the 2008-09 financial crisis, so one could argue that a recovery was overdue. Hence, investors should proceed with caution regarding the following investments. The rally in Nvidia (NASDAQ: NVDA) is understandable, given the recent popularity of artificial intelligence (AI).