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Carvana Stock Soars After Earnings!

TheMotleyFool

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Carvana Stock Soars After Earnings!: https://g.foolcdn.com/editorial/images/731419/stock-analysis-2.jpg

(NYSE: CVNA) stock jumped higher after the company made progress in reducing inventory, raising cash, and generating more gross profit per car sale. Fool.com contributor and finance professor Parkev Tatevosian discusses whether Carvana's stock price increase was the right reaction.

*Stock prices used were the afternoon prices of May 5, 2023. The video was published on May 7, 2023.

Source Fool.com

Carvana Co. Stock

Carvana Co. took a tumble today and lost -€6.140 (-4.830%).
Our community is currently high on Carvana Co. with 9 Buy predictions and 6 Sell predictions.
With a target price of 139 € there is a slightly positive potential of 15.49% for Carvana Co. compared to the current price of 120.36 €.

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