Tag: carvana

On Wednesday, Carvana released an early loss estimate with its first quarter guidance, and shared a new debt plan which would significantly reduce its...

Illinois and Carvana have reached an agreement that will allow it to continue its business in the state with new restrictions, after an investigation...

Carvana has resorted to using the "poison pill" strategy to prevent a hostile takeover before it can resolve its financial problems. The "poison pill" refers...

Carvana claimed on Jan. 11 that it’s “back to business as usual." However, Michigan state regulators disagree, stating that the company’s Novi site is...

CarMax has announced cuts to hiring and stock buybacks in an effort to recoup from a devastating third quarter. The company suffered an 86% profit...

As analysts struggle to predict the future of the auto-retailer, Citigroup has labeled Carvana's stock as "neutral." The brand saw massive profits in 2021 as...

Carvana is seeking financial advice after a difficult year of stock crashes, sputtering demand and high debt. In 2020 the retail company witnessed a record...

According to Bank of America, the future of Carvana’s stock could go one of two ways. The online retailer is in need of more...

According to reports from CNBC, research analysts at Cowen & Co. downgraded Carvana from "outperform" to "market perform, based on the retailer’s significant debt...

In a short amount of time, Carvana went from being a startup to being the second-largest used automobile seller in the United States. However,...