Yesterday it was announced which companies will be added to the S&P 500. Carvana was also added to the index. The company's shares are extremely volatile and have risen by more than 8,000% since 2023, which is crazy. The company currently meets all the requirements for inclusion, but that can change quickly.
What do you think about Carvana getting into the S&P 500? Do you have... Read more
One of the reasons why shorting is not something I would seek out. The company is a complete write-off, and what will it do in two years 🤯
Shares of $CVNA's Carvana Co. hit an all-time high this week - up more than 10,000% from a low in late 2022 - dealing a blow to investors who had been betting against the online used-car retailer.
Friends, investors, I'd like to break down Carvana $CVNA
The last post on it here was about a month ago and it has once again made some upward progress, although there was some correction on it today. Let's pour some clear wine though please and this really isn't just a strong fundamental eh? 😁
What do you think about the growth of $CVNA today? Did I understand correctly that it was only because of internal estimates of better growth and savings? 🤔
Of course I'm sorry I didn't invest in it 😂. Being added to the index will definitely help them, and the shares will keep rising for a while.