Carvana Co. Cl A (CVNA) traded -14.99% lower at $35.96 yesterday. The stock's price action is trailing behind it's peers on what was a slightly melancholic day for the Consumer Discretionary sector.

Carvana Co. Cl A has been trading between a 52-week high of $363.09 and a 52-week low of $19.45. The stock has a market cap of $1.67 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.

Investing in Carvana Co. (CVNA) might be an excellent idea, but the stock is currently overvalued/undervalued
US Post News 08-22-22

7 F-Rated Growth Stocks to Sell While You Can
InvestorPlace 08-22-22

CVNA Investors Have Opportunity to Lead Carvana Co. Securities Fraud Lawsuit
Kwhen Finance 08-19-22

Carvana Stock Took a Beating This Year. It''s Still Not a Bargain, Analyst Says.
Barron''s 08-18-22

Here''s How Much $100 Invested In Carvana 5 Years Ago Would Be Worth Today
Benzinga 08-18-22


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™:

[deleted] - 5 upvotes - source
I don’t necessarily think that the trend continues but 2 weeks ago pretty much every piece of shit growth company like RBLX CVNA COIN etc squeezed on horrible earnings, so there’s that. But if the market goes sour this week the trend might reverse back to logic.

meangenehackman - 2 upvotes - source
BBBY merges with CVNA, buy a towel get a car!

BaxterDude012 - 2 upvotes - source
CVNA was $55 last week lol

here4ormore - 1 upvotes - source
CVNA, I love you so much

chrotlee - 1 upvotes - source
CVNA to 30 eow pls

En_CHILL_ada - 1 upvotes - source
CVNA to 1000000

fe2sio4 - 1 upvotes - source
Cvna puts carrying my port