Congratulations to anyone who bought near the bottom of Carvana $CVNA

Carvana Stock Has Soared More Than 1,000% This Year

Zacks Equity Research wrote: Carvana (CVNA) Q2 Earnings Top on Higher-Than-Expected GPU

The company expects to generate positive adjusted EBITDA for the second straight quarter in the July-September period. Carvana expects total non-GAAP GPU to exceed $5,000 in the third quarter of 2023. Carvana anticipates its third-quarter retail units and SG&A costs to remain almost flat sequentially.

Carvana’s CEO Sees Weaker Used-Car Prices Stimulating Demand

and now The Motley Fool says you you might not like rockets:

Shares of used car company Carvana (NYSE: CVNA) fell as much as 17.5% in trading on Thursday as analysts downgraded the stock and investors wondered if shares rose too high too fast

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