Why Carvana Stock Tumbled Today
Shares of Carvana (NYSE: CVNA) were heading lower today as disappointing guidance overcame better-than-expected results in its third-quarter earnings report.
The report also comes as investors have been spooked by rising auto delinquencies and the bankruptcy of two major suppliers in the auto parts industry, leading to broader concerns about credit in the industry.
As a result, the stock was down 9.6% at 10:19 a.m. ET.
Source Fool.com
Carvana Co. Aktie
365,95 €
-0,67 %
Mit 59 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung ist Carvana Co. einer der Lieblinge unserere Community.
Ein leicht positives Potenzial wird für Carvana Co. mit einem Kursziel von 384 € im Vergleich zu 365.95 € gesehen.
