Previous close | 6.1500 |
Open | 2.2500 |
Bid | 2.3600 |
Ask | 2.5600 |
Strike | 60.00 |
Expiry date | 2024-09-20 |
Day's range | 2.2500 - 2.4000 |
Contract range | N/A |
Volume | |
Open interest | 28 |
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 Pras Subramanian breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
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.
Carvana is in the midst of a turnaround, one Wall Street firm argued after the online car retailer filed excellent quarterly results. After a wild pandemic run—the stock peaked at $370.10 in August 2021—shares tumbled sharply as stimulus checks dried up and consumers stepped back on car purchases. In premarket trading Thursday, Carvana stock spiked 36% to about $118, while futures tracking the edged 0.7% higher.