Shares of Carvana Co. soared 24.7%, enough to pace the New York Stock Exchange’s gainers, even though the online used-car retailer hasn’t released any news....
Shares of Carvana Co.
soared 24.7%, enough to pace the New York Stock Exchange’s gainers, even though the online used-car retailer hasn’t released any news. Trading volume swelled to 33.3 million shares, already well above the full-day average over the past 30 days of 20.5 million shares. The stock has now run up 48.1% since it closed at a record low of $3.72 on Dec. 27, but was still down 69.9% over the past three months while the S&P 500 SPX has gained 10.1%.
soared 24.7%, enough to pace the New York Stock Exchange’s gainers, even though the online used-car retailer hasn’t released any news. Trading volume swelled to 33.3 million shares, already well above the full-day average over the past 30 days of 20.5 million shares. The stock has now run up 48.1% since it closed at a record low of $3.72 on Dec. 27, but was still down 69.9% over the past three months while the S&P 500 SPX has gained 10.1%.
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