Why Is Carvana Stock Falling on Thursday?
Carvana Co. (NYSE: CVNA) stock falss on Thursday due to market pressure, profit taking and rising Treasury yields, underperforming its broader sector.
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Carvana Co. (NYSE: CVNA) shares are climbing Tuesday morning, rising in sympathy with sector peer CarMax after the nation's largest used-car retailer delivered second-quarter financial results that beat Wall Street expectations.
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Carvana Co. (NYSE: CVNA) stock falss on Thursday due to market pressure, profit taking and rising Treasury yields, underperforming its broader sector.
Carvana nears repeatedly tested $57 support after strong September sales beat estimates, raising hopes for another rebound.