Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced a new chapter in its collaboration with Kristen Bel ...

It didn't help that funding options dried up as the Federal Reserve aggressively hiked interest rates in 2022 and 2023.

In 2022, the company also bought a major auction company, Adesa, which sells massive volumes of cars to dealers around the country. During the pandemic, Carvana was paying big prices to help make ...

JPMorgan analyst Rajat Gupta raised the firm’s price target on Carvana (CVNA) to $350 from $300 and keeps an Overweight rating on the shares.

It puts Carvana in a very tough spot, with high debt levels and this declining demand resulting in a stock price that’s down almost 98% since the start of 2022. Companies that rely heavily on ...

On Wednesday, Carvana announced a new expansion in the Atlanta area, retooling a wholesale vehicle lot it purchased in 2022 in Fairburn ... economic development and commercial real estate for ...

prior to the share price’s low period in 2022 and 2023, and sold an additional $1.4 billion over the past year as the stock recovered, Hindenburg said. Shares of Carvana finished down almost 2% ...