Posts Tagged ‘Carvanas’
Carvana’s 10,000% rally from low deals US$7 billion blow to shorts
[NEW YORK] Carvana’s shares notched an all-time high this week, rising more than 10,000 per cent from a low in late 2022, and delivering a blow to investors betting against the online used-car dealer. The jump to record caps a roller-coaster ride for the stock that quickly became an investor darling after a public debut…
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