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Carvana's Stock Price Is Soaring in 2023, but Is That Increase Justifiable?

TheMotleyFool

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Carvana's Stock Price Is Soaring in 2023, but Is That Increase Justifiable?: https://g.foolcdn.com/editorial/images/720321/carvana-stock.jpg

The actual business is struggling with declining sales and profits, but investors have bid up the stock price anyway. This video will let you know whether Carvana's (NYSE: CVNA) stock price increase was an overreaction by optimistic investors.

*Stock prices used were the afternoon prices of Feb. 8, 2023. The video was published on Feb. 10, 2023.

Source Fool.com

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