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Carvana CEO Sees Used Car Sales Improving on New Vehicle Glut

Carvana CEO Sees Used Car Sales Improving on New Vehicle Glut
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Carvana Shares Soar on Better-Than-Expected Profit as Sales Rise

Carvana Shares Soar on Better-Than-Expected Profit as Sales Rise
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Carvana Short-Seller Losses Hit $3 9 Billion as Stock Soars

(Bloomberg) Carvana Co.’s surge Thursday added to pain for short sellers who’ve amassed major losses betting against the used car retailer as its shares have rebounded over the last year.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Millions in PrizesTurkey Halts All Trade With Israel Over Wa

Carvana Short-Seller Losses Hit $3 9 Billion as Stock Soars

Carvana Short-Seller Losses Hit $3 9 Billion as Stock Soars
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Carvana Surges as Used-Car Retailer s Profit Tops Estimates

(Bloomberg) Carvana Co. topped Wall Street’s profit expectations in the final months of 2023 and said it expects improved earnings this quarter, sending its shares up as the used-car retailer defies the challenges of high interest rates and inflation.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesStocks Rally as AI Craze Sweeps Across the World: Markets WrapT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by Company Work on N

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