Why Carvana Stock Jumped Higher This Week
Shares of the online car-buying company (NYSE: CVNA) surged higher this week after the company reported first-quarter results that were better than expected, and as the company said it would adapt to any potential effects from tariffs.
Carvana's stock was up by 8.2% this week, according to data compiled by S&P Global Market Intelligence.
Image source: Getty Images.
Source Fool.com
Carvana Co. Stock
€62.63
5.650%
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 535.48% increase which would mean more than doubling the current price of 62.63 € for Carvana Co..
