51.76 -3.33 (-6.04%)
Pre-market: 8:32AM EDT
|Bid||51.76 x 1300|
|Ask||53.89 x 800|
|Day's range||51.47 - 57.50|
|52-week range||22.16 - 115.23|
|Beta (5Y monthly)||1.87|
|PE ratio (TTM)||N/A|
|Earnings date||25 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||86.47|
Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced the pricing of a registered direct offering of 13.3 million shares of Class A Common Stock ("Common Stock") to certain existing investors. Each share of Common Stock is being sold for a purchase price of $45.00, resulting in gross proceeds of $600 million. The offering included investments of $25 million each from Ernest Garcia III, the Company’s founder and CEO, and Ernest Garcia II, the Company's controlling shareholder. The offering is expected to close on or about April 1, 2020, subject to customary closing conditions. Carvana intends to use the net proceeds from the public offering of Common Stock for general corporate purposes.
Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, announced today a significant increase and extension of its current loan purchase program with Ally Financial, highlighting the deep relationship that has been built between the two companies over the past six years.
It's been a mediocre week for Carvana Co. (NYSE:CVNA) shareholders, with the stock dropping 19% to US$88.77 in the...
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Carvana Co.
Carvana Co. (CVNA) delivered earnings and revenue surprises of -21.54% and -0.01%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter and year ended December 31, 2019. Carvana’s complete fourth quarter and full year 2019 financial results and management commentary can be found by accessing the Company’s shareholder letter on the quarterly results page of the investor relations website.
Carvana Co. (CVNA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.