Fool.com contributor Parkev Tatevosian evaluates Carvana's (CVNA 8.79%) 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.
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Huge News for Carvana Stock Investors
By Parkev Tatevosian, CFA
–
Jul 24, 2023 at 11:13AM
NYSE: CVNA
Carvana
Market Cap
$10B
Today's Change
(8.79%) $6.81
Current Price
$84.31
Price as of April 26, 2024, 4:00 p.m. ET
Carvana announced major updates that are likely to have massive implications for investors.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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