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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

€269.65
0.520%
Carvana Co. gained 0.520% compared to yesterday.
The stock is an absolute favorite of our community with 55 Buy predictions and no Sell predictions.
With a target price of 312 € there is a slightly positive potential of 15.71% for Carvana Co. compared to the current price of 269.65 €.
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