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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.

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Source Fool.com

Carvana Co. Stock

€331.95
0.200%
Carvana Co. gained 0.200% compared to yesterday.
The stock is an absolute favorite of our community with 52 Buy predictions and no Sell predictions.
On the other hand, the target price of 327 € is below the current price of 331.95 € for Carvana Co., so the potential is actually -1.49%.
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