Carvana stock price is soaring after the best financial results in company history

Get the Full StoryThe online used-car retailer, which was close to bankruptcy just a few years ago, enjoyed skyrocketing profit in the first quarter of 2024.

Shares of Carvana Co. are going through the roof in premarket trading this morning after the online used-car retailer posted what its CEO and CFO called its best financial results in company history. Carvana stock ticker: CVNA is up over 37 in premarket trading as of the time of this writing to 119.49 per share.

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