Carvana Co. (NYSE: CVNA) Loses -45.92% From High. Why That Could Change?

With over 4.87 million Carvana Co. (CVNA) shares trading Monday and a closing price of $30.93 on the day, the dollar volume was approximately $150.71 million. The shares have shown a positive half year performance of 163.46% and its price on 11/27/23 lost nearly -1.53%. Currently, there are 106.04M common shares owned by the public […]

Uncovering Institutional Buying In Carvana Co. (NYSE: CVNA)

The Vanguard Group, Inc. recently announced the acquisition of new stake in Carvana Co. (NYSE:CVNA). The institutional investor has increased its shareholding in the Consumer Cyclical company by 5.98% to 9.11 million shares with purchase of 0.51 million shares. This fresh investment now brings its stake to 8.55% valued currently at $382.38 million. In addition, […]