Tag: Carvana Co
Why investors have jumped off the Carvana bandwagon
Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCDETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap.He touted the company's " [...]
Carvana shares surge from record lows
People try their luck at winning a car from the Carvana vending machine at SXSW festival in Austin, Texas on March 12, 2016.Michelle Castillo | CNBCSh [...]
Carvana stock tanks 20% in continued sell-off
A Carvana used car "vending machine" on May 11, 2022 in Miami, Florida.Joe Raedle | Getty ImagesShares of Carvana were briefly halted Monday due to vo [...]
Tech can’t find a bottom; industrial, consumer stocks bounce
Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sal [...]
Carvana stock craters as outlook darkens for used vehicle market
Shares of Carvana posted their worst day on record Friday after the company missed Wall Street's top- and bottom-line expectations for the third quart [...]
DraftKings, Cinemark, Hershey and more
Check out the companies making headlines before the bell:DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-th [...]
Carvana (CVNA) earnings Q3 2022
Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCShares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street's [...]
AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California.Mario Tama | Getty ImagesDETROIT – Shares of [...]
CarMax’s earnings miss is a win for the Fed against inflation
CNBC's Jim Cramer on Thursday told investors that used car retailer CarMax's recent earnings shortfall is good news for the Federal Reserve's quest to [...]
Bristol-Myers Squibb, Twitter, Gilead Sciences and more
Check out the companies making the biggest moves midday Monday:Gilead Sciences — Shares of Gilead rose 3.8% after the biopharmaceutical company reveal [...]
Carvana, Bristol-Myers Squibb, Alphatec and more
Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCCheck out the companies making headlines before the bell Monday.Carvana — Shares of the online car seller r [...]
Lyft, Carvana, Warner Bros. Discovery, DraftKings
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company's initial public of [...]
Expedia, Block, Lyft and more
Check out the companies making headlines before the bell:Expedia (EXPE) – The travel website operator's stock jumped 5.4% in the premarket after Exped [...]
Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund’s 2022 losses to over 50%
Chase Coleman, founder of Tiger Global Management LLCAmanda L. Gordon | Bloomberg | Getty ImagesChase Coleman's Tiger Global Management suffered huge [...]
U.S. job market divide boosts some workers’ prospects, puts others on notice
A help wanted sign is displayed in the window of a Brooklyn, New York business.Spencer Platt | Getty ImagesCracks are forming in the U.S. labor market [...]