Carvana (CVNA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned +22.9%, compared to the Zacks S&P 500 composite's +3.7% change. During this period, the Zacks Internet - Commerce industry, which Carvana falls in, has gained 5.2%. The key question now is: What could be the stock's future direction?While media releases or rumors abo ...

PHILADELPHIA--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to the Philadelphia area. Now select Philadelphia area residents can take delivery of their vehicle within hours of placing an order on Carvana.com. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop-off at specific locations throughout the state. "After shopping online for a u ...

Carvana Co (NYSE: CVNA) has gained close to 30% over the past couple of weeks but Hedgeye remains dovish as ever on the online used car retailer.Why is Hedgeye super bearish on Carvana stock?Copy link to sectionThe investment research firm said shares of the New York listed firm could be cut in half over the next eighteen months as it reiterated $CVNA a top short idea on Friday. Analyst Brian McGough cited a decline in used car prices that has pushed some dealers and online platforms into a shut down “given ...

Subscribers to our new In-the-Money Countdown (ITMC) service scored a 102% profit in just two trading sessions with our Carvana Co (NYSE:CVNA) weekly 2/9 37.50-strike call. We recommended this contract on Sunday, Feb. 4, after the stock's Friday close of $43.45.At the end of last week, the stock was seeing support at its converging 80- and 160-day moving averages, as well as its 20-week trendline. The price was also near a pivot zone at $38-$40, and had pulled back near its 61.8% Fibonacci retracement level ...

OKLAHOMA CITY--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to Oklahoma City. Now select Oklahoma City area residents can take delivery of their vehicle within hours of placing an order on Carvana.com. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop-off at specific locations throughout the state. “This was actually my first time buy ...

Online used car firm Carvana has reportedly turned around its operations and debt over the past 18 months, lifting its stock price from $5 to $55.Company CEO and Chairman Ernie Garcia, III is optimistic about the future, believing that much of the cost-cutting is now done, CNBC reported Friday (Feb. 2).One of the key factors in Carvana’s turnaround has been its ability to reduce expenses, according to the report. Through layoffs and other cost-cutting measures, the company has taken $1.1 billion of annualiz ...

In this articleCVNAA Carvana sign and signature vending machine in Tempe, Ariz.Michael Wayland/CNBCPHOENIX – As layoffs and cost cuts roil Wall Street, from retail and shipping to tech and media, embattled online used car sales giant Carvana says its own restructuring is in the rear view.Carvana over the last 18 months aggressively restructured its operations and debt amid bankruptcy concerns to pivot from growth to cost-cutting. They were crucial moves for the company and its largest shareholders, includin ...

Carvana (CVNA) closed at $42.53 in the latest trading session, marking a -1.23% move from the prior day. This move lagged the S&P 500's daily gain of 1.25%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 1.3%.The the stock of company has fallen by 7.77% in the past month, lagging the Retail-Wholesale sector's loss of 0.11% and the S&P 500's gain of 1.58%.The investment community will be paying close attention to the earnings performance of Carvana in its upcoming rele ...

Carvana, an industry pioneer for buying and selling used cars online, today unveiled a new paint scheme for Jimmie Johnson’s No. 84 Toyota that pays tribute to the Petty family’s illustrious 75-year tenure in racing. (Photo: Business Wire)Carvana, an industry pioneer for buying and selling used cars online, today unveiled a new paint scheme for Jimmie Johnson’s No. 84 Toyota that pays tribute to the Petty family’s illustrious 75-year tenure in racing. (Photo: Business Wire)PHOENIX--(BUSINESS WIRE)--Carvana, ...

Carvana (CVNA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -9.7%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Internet - Commerce industry, which Carvana falls in, has gained 0.8%. The key question now is: What could be the stock's future direction?Although media ...