Almost 3 Years Ago
1 Min Read

Shares of CVNA are trading -11% lower today. A look at what's happening:



Carvana Co. Cl A (CVNA) is trading -11% lower at $25.1 today.

Carvana Co. Cl A has been trading between a 52-week high of $376.83 and a 52-week low of $19.45. The stock has a market cap of $1.17 Billion.

Founded in 2012 and based in Phoenix, Carvana's mission is to change the way people buy cars. By removing the traditional dealership infrastructure and replacing it with technology and exceptional customer service, Carvana offers consumers an intuitive and convenient online car buying and financing platform. Carvana.com enables consumers to quickly and easily shop more than 20,000 vehicles, finance, trade-in or sell their current vehicle to Carvana, sign contracts, and schedule as-soon-as-next-day delivery or pickup at one of Carvana's patented, automated Car Vending Machines.

Headlines


The 12-Month Price Target For Carvana Co. (NYSE:CVNA) Is Now $142.00.
Marketing Sentinel 07-22-22

CVNA Stock Alert: What to Know as Carvana Is Banned From Illinois Again
InvestorPlace 07-21-22

Carvana stock continues to climb amid suspected short squeeze
Seeking Alpha 07-21-22

Carvana Stock: Christian Leone''s High Stakes Game Of Liar''s Poker (NYSE:CVNA)
Seeking Alpha 07-21-22

Why Baker Hughes Shares Dropped 8%; Here Are 64 Biggest Movers From Yesterday
Benzinga 07-21-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

kradad - 1 upvotes - source
$CVNA ITM long 0DTE

fe2sio4 - 1 upvotes - source
I knew it was right call to buy CVNA puts when it pumped 20% off thin air the other day. Piece of shit