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Why Carvana Stock Jumped Double Digits Today


Carvana (NYSE: CVNA) stock has been on fire in recent weeks, and not even a short-seller note could slow it down today.

Shares of the online used car dealer gained 11.5%, as it seemed to benefit from an ongoing short squeeze and gains in the broad market on Monday.

Kerrisdale Capital, a short-seller who hammered C3.ai stock just months ago, set its sights on Carvana, the struggling used car dealer.

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Source Fool.com

Carvana Co. Stock

€122.30
8.430%
Carvana Co. dominated the market today, gaining €9.64 (8.430%).
With 7 Buy predictions and 6 Sell predictions the community is currently undecided on Carvana Co..
However, we have a potential of -66.48% for Carvana Co. as the target price of 41 € is below the current price of 122.3 €.
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