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CVNA May 2024 85.000 put
| Previous close | 9.1500 |
| Open | 1.1900 |
| Bid | 0.8200 |
| Ask | 1.3700 |
| Strike | 85.00 |
| Expiry date | 2024-05-24 |
| Day's range | 1.0500 - 1.1900 |
| Contract range | N/A |
| Volume | |
| Open interest | 11 |
- Yahoo Finance Video
Carvana stock skyrockets on record Q1 earnings
Carvana Co. (CVNA) experienced a surge in its stock price during Thursday's trading session, fueled by the company's record-setting first quarter results. The online used car retailer reported $49 million in net income, a turnaround from the $286 million loss it posted in the same period last year. Yahoo Finance's Akiko Fujita and Brad Smith break down the details For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Reuters
US STOCKS-Wall St set to open higher as Fed allays rate-hike concerns
U.S. stocks were poised for a higher open on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a spate of earnings reports through the day. While Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to entertain talk that rates might actually need to go up again. On Wednesday, U.S. stocks initially rose, but the S&P 500 and the Nasdaq closed lower for the day after the Fed decision.
Barrons.comThese Stocks Are Moving the Most Today: Carvana, Fastly, Peloton, Wayfair, Qualcomm, Apple, Qorvo, Zillow, and More
Carvana posts a surprise first-quarter profit, Fastly stock sinks after the company issues guidance well below Wall Street estimates, and Peloton’s CEO is stepping down. Apple is scheduled to report fiscal second-quarter earnings after the closing bell Thursday.
