Carvana shares are trading higher after S&P Global Ratings upgraded securitizations sponsored by Carvana.
Portfolio Pulse from Benzinga Newsdesk
Carvana shares are trading higher following an upgrade in securitizations sponsored by the company, as reported by S&P Global Ratings.

June 01, 2023 | 2:42 pm
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Carvana's stock price is trading higher after S&P Global Ratings upgraded securitizations sponsored by the company.
The upgrade in securitizations sponsored by Carvana by S&P Global Ratings has a positive impact on the company's stock price. Investors may view this as a sign of improved financial stability and creditworthiness, leading to increased demand for the stock and a higher stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100