Carvana’s stock takes a hit on ‘vague’ guidance, but CFO Mark Jenkins explains why the turnaround is on track
However, the Wedbush analysts also noted: "While CVNA shares will sell off this morning, the growth story is not over." Carvana’s stock price fell about 12% on Thursday to $247.
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Dow Jones Futures Fall On UnitedHealth Probe; MercadoLibre Soars After Palantir, Axon, Carvana Tumble
The major indexes fell modestly while big winners tumbled. Nvidia is holding up. MercadoLibre led key earnings late.