Fool.com contributor Parkev Tatevosian evaluates Carvana's (CVNA +8.41%) latest financial maneuvering that fueled its stock price explosion.
*Stock prices used were the afternoon prices of July 20, 2023. The video was published on July 22, 2023.
Huge News for Carvana Stock Investors
By Parkev Tatevosian, CFA – Jul 24, 2023 at 11:13AM
NYSE: CVNA
Carvana
Market Cap
$43B
Today's Change
(8.41%) $25.79
Current Price
$332.33
Price as of November 3, 2025 at 4:00 PM ET
Carvana announced major updates that are likely to have massive implications for investors.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.