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
283,20 €
0,64 %
Reines Buy-Sentiment für Carvana Co., keine Sell-Einschätzungen in Sicht.
Das Kursziel von 313 € für Carvana Co. weist auf eine leichte Verbesserung gegenüber dem aktuellen Kurs von 283.2 € hin.
