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Why Carvana Stock Went in Reverse Today


Shares of Carvana (NYSE: CVNA) were heading lower today as investors continued to respond to a short report from Hindenburg Research that accused the online used car dealer of not disclosing related-party transactions, among other things.

Carvana, which has gotten frothy after skyrocketing from near-bankruptcy, fell 11% on the news.

Image source: Carvana.

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Source Fool.com

Carvana Co. Stock

€61.31
-1.140%
A loss of -1.140% shows a downward development for Carvana Co..
The stock is an absolute favorite of our community with 58 Buy predictions and no Sell predictions.
With a target price of 81 € there is a positive potential of 32.12% for Carvana Co. compared to the current price of 61.31 €.
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