|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||35.00 - 48.11|
|52-week range||35.00 - 48.11|
|Beta (5Y monthly)||2.68|
|PE ratio (TTM)||N/A|
|Earnings date||02 Nov 2022 - 07 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Taking on higher risk typically entails the potential for higher reward as investors need to be properly compensated for the risk they're taking. Risk can come in many forms -- perhaps the company has a worrisome debt load. Carvana (NYSE: CVNA) is arguably the ultimate high-risk, high-reward stock.
Shares of the online car-buying company Carvana (NYSE: CVNA) were soaring today after the company released its second-quarter financial results. Although the company missed Wall Street consensus estimates for both its top and bottom lines, investors appeared to focus on its progress in cutting costs and narrowing its losses. Carvana's shares were up by 32.3% as of 11:15 a.m. ET on Friday.
Yahoo Finance anchors discuss top business stories including Block and Carvana earnings as well as Virgin Galactic pushing back its commercial service launch.