Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Carvana Shares Gained 29% Last Month

TheMotleyFool

0 0

Why Carvana Shares Gained 29% Last Month

Shares of Carvana (NYSE: CVNA) were revving higher last month, after the innovative used-car dealer turned in another strong earnings report. Once again, the company reported blowout growth and topped analyst estimates. The stock finished up 29% in August, according to data from S&P Global Market Intelligence.

The gains came almost entirely after its second-quarter earnings report came out on Aug. 7.