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Latest CVNA News From Around the Web
Below are the latest news stories about Carvana Co that investors may wish to consider to help them evaluate CVNA as an investment opportunity.
PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced it will report its third quarter 2020 financial results for the period ended September 30, 2020, following the close of market on Thursday, October 29, 2020. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana Third Quarter 2020 Financial Results Confe
DETROIT--(BUSINESS WIRE)--Carvana debuted the 26th Car Vending Machine in the U.S. today, located in Detroit.
It's full steam ahead at Carvana, founder and CEO Ernie Garcia tells Yahoo Finance.
Piper Sandler turns even more constructive on Overweight-rated Carvana ([[CVNA]] +4.0%) and Vroom ([[VRM]] +0.2%). The firm says a barrage of data points suggest strong Q3 fundamentals and better prospects for long-term share gains. Analyst Alexander Potter: "Less than 1% of used car transactions take place online, but make no...
In lieu of success of the previous increase and extension of the facility completed in early 2020, Carvana (CVNA) announced a $1B increase to its current loan sale program with Ally Financial (ALLY).This increase represents a $3B in commitment to fund Carvana customer loans since March 2020.Besides the loan purchase commitment, Ally...
Ally Increases Carvana Loan Purchase Commitment by $1 Billion, Increases Floor Plan Commitment to $1.25 Billion
PHOENIX--(BUSINESS WIRE)--Today Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, announced a $1.0 billion increase to its current loan sale program with Ally Financial Inc. (NYSE: ALLY), demonstrating the success of the previous increase and extension of the facility completed earlier this year. This increase represents a total of $3.0 billion in commitment to fund Carvana customer loans since March 2020. In addition to the increased loan purchase commitment
Source: autonews.com Investment Thesis Alongside Carvana (CVNA), Vroom (VRM) is an auto e-commerce platform that is transforming the used vehicle industry by offering a better way to buy (and sell) used vehicles. Vroom utilizes a vertically integrated, asset-light approach as the company reinvents all phases of the vehicle buying and...
Carvana (CVNA) expects to achieve company records in performance across several important metrics (Revenue, retail units sold, gross profit per unit and EBITDA margin) in Q3 2020.Carvana is also boosted to Buy from Neutral (along with Vroom) at Goldman, with analyst Daniel Powell saying shares have "overcorrected" from the too-perky...
These are the stocks posting the largest moves in midday trading.
Stocks that moved heavily or traded substantially Tuesday: Carvana, GameStop rise; Tesla, Peloton Interactive fall