Why Are Carvana (CVNA) Shares Soaring Today

By Yahoo! Finance   |   2 months ago
Why Are Carvana (CVNA) Shares Soaring Today

Carvana's shares surged 5.6% as they announced a new financing deal with Ally Financial, addressing concerns raised by Hindenburg Research. The move aims to boost liquidity and confidence in Carvana's business, though the stock remains volatile, closing at $188.83, up 6.

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