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.
Source Fool.com
Carvana Co. Stock
€60.11
1.880%
The stock is an absolute favorite of our community with 57 Buy predictions and no Sell predictions.
With a target price of 398 € there is potential for a 562.12% increase which would mean more than doubling the current price of 60.11 € for Carvana Co..
