Carvana Co. (CVNA) News

Carvana Co. (CVNA)

Today's Latest Price: $191.19 USD

11.81 (-5.82%)

Updated Oct 29 7:00pm

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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.

Carvana to Report Third Quarter 2020 Results and Host Quarterly Conference Call on October 29

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

Business Wire | October 1, 2020

Carvana Revs up Car Buying in the Motor City with Country’s Newest Car Vending Machine

DETROIT--(BUSINESS WIRE)--Carvana debuted the 26th Car Vending Machine in the U.S. today, located in Detroit.

Business Wire | October 1, 2020

Carvana's stock is up more than 160% this year — it's founder remains bullish

It's full steam ahead at Carvana, founder and CEO Ernie Garcia tells Yahoo Finance.

Yahoo Finance | October 1, 2020

Carvana and Vroom seen as long-term winners by Piper Sandler

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...

Seeking Alpha | September 29, 2020

Carvana loan purchase commitment increased by $1B

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...

Seeking Alpha | September 29, 2020

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

Business Wire | September 29, 2020

Vroom: The Pepsi To Carvana's Coke

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...

Louis Stevens on Seeking Alpha | September 24, 2020

Carvana sees record Q3 performance, gets Goldman upgrade; shares rise 7%

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...

Seeking Alpha | September 22, 2020

Stocks making the biggest moves midday: Amazon, Carvana, Tesla, Peloton and more

These are the stocks posting the largest moves in midday trading.

CNBC | September 22, 2020

Carvana, GameStop rise; Tesla, Peloton Interactive fall

Stocks that moved heavily or traded substantially Tuesday: Carvana, GameStop rise; Tesla, Peloton Interactive fall

ABC News | September 22, 2020



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