Carvana shares are trading higher after the company reported better-than-expected Q2 sales and guided positive adj. EBITDA for Q3.
Portfolio Pulse from Benzinga Newsdesk
Carvana's shares are trading higher following the company's announcement of better-than-expected Q2 sales and a positive adjusted EBITDA guidance for Q3.
July 19, 2023 | 10:42 am
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POSITIVE IMPACT
Carvana's stock is trading higher due to better-than-expected Q2 sales and positive Q3 EBITDA guidance.
Carvana's better-than-expected Q2 sales and positive Q3 EBITDA guidance have led to an increase in the company's stock price. This indicates investor confidence in the company's financial performance and future profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100