Tag: CVNA
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The Curious Case for Carvana Stock
Carvana Co. (NYSE: CVNA) is an online retailer for used cars. Since entering the market in 2017, CVNA stock has taken investors on a wild ride. It surged in 2021 as its business model was ideal at a time when “social distancing” entered our collective vernacular. Those gains disappeared quickly. However, since the beginning of 2024, CVNA…