Carvana shares are trading lower as the stock pulls back following its recent run, which was driven by strong earnings and rising used car prices.
Portfolio Pulse from Benzinga Newsdesk
Carvana shares are trading lower after a recent run driven by strong earnings and rising used car prices.
May 19, 2023 | 7:41 pm
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Carvana's stock is trading lower following its recent run driven by strong earnings and rising used car prices.
Carvana's stock price is trading lower as it pulls back from its recent run, which was driven by strong earnings and rising used car prices. This indicates that the stock may have been overbought in the short term, leading to a correction in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100