Carvana's Stock Surge: Online Model Shines

Carvanas shares surge, hitting an all-time high of $464.99, as investors recognize the companys online business model and consistent strength, leading to a fifty percent increase since late November. The upcoming inclusion in the S&P five hundred Index further boosts the stock, with analysts raising price targets. Despite industry challenges, Carvanas unique position benefits from increased demand for used cars in the current economic climate.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.