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Why Carvana Stock Soared This Week

TheMotleyFool

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Why Carvana Stock Soared This Week: https://g.foolcdn.com/editorial/images/735716/carvana-vending-machine.jpg

Shares of Carvana (NYSE: CVNA) were revving up once again this week, primarily on news that management now forecasts that the struggling online used car dealer's second-quarter adjusted earnings will come in above the analysts' consensus expectation.

For the week through 2 p.m. ET on Thursday, the stock was up 40.6%, according to data from S&P Global Market Intelligence.

Image source: Carvana.

Source Fool.com

Carvana Co. Stock

Heavy losses for Carvana Co. today as the stock fell by -€11.820 (-8.700%).
With 9 Buy predictions and 7 Sell predictions the community is currently undecided on Carvana Co..
However, we have a potential of -3.23% for Carvana Co. as the target price of 120 € is below the current price of 124.0 €.

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