Carvana Stock Falls on Disappointing Guidance, Bears Reap Windfall

Carvana's stock experienced a significant drop after the company's full-year guidance failed to meet expectations, despite reporting a record quarter. This slump created a potential $500 million windfall for investors who had been bearish on the stock.

30 Jul, 20:52 — 30 Jul, 20:52

Post Share

Sources

Showing 1 of 2 sources

bloombergHigh16h ago

Carvana Bears Reap $500 Million as Stock Sinks on Profit Miss

The slump in the shares of online used-car dealer Carvana Co. on Thursday is creating a potential windfall for investors who have been bearish on the stock.

By Norah Rami and Jordan Fitzgerald

Read full article →

Coverage Timeline

First report: Yahoo · 30 Jul, 12:54|Full coverage: 2 · 8h|Window: 8h

Left-leaningCenterRight-leaning

Yahoo30 Jul, 12:54First to report

Carvana stock tumbles as full-year guidance disappoints despite record quarter

8h later

bloomberg30 Jul, 20:52Latest update

PERSPECTA

PERSPECTA

Carvana Stock Falls on Disappointing Guidance, Bears Reap Windfall

Sources

Carvana Bears Reap $500 Million as Stock Sinks on Profit Miss

Coverage Timeline

Carvana stock tumbles as full-year guidance disappoints despite record quarter

Carvana Bears Reap $500 Million as Stock Sinks on Profit Miss

Related Stories

Zambales Capital Iba Seeks Cityhood, Income Rule Waiver

Man Arrested in Novi Sad for Illegal Sales and Unpaid Suppliers

Rise on Wall Street – Apple falls heavily after earnings release

Paks Nuclear Plant Reduces Output Due to Low Danube Water Levels

PERSPECTA