Carvana Stock News

Carvana Co. (NYSE:CVNA) recently announced a wider-than-expected loss for the fourth quarter.

Gainers Inspirato Incorporated (NASDAQ: ISPO ) shares surged 50.5% to close at $54.90. Guardforce AI Co., Limited (NASDAQ: GFAI ) jumped 45.4% to settle at $0.5979 on Friday. EF Hutton recently initiated coverage on the stock with a Buy rating and a $2 price target. CarGurus, Inc. (NASDAQ: CARG ) shares gained 44% to close at $46.44 after the company reported better-than-expected Q4 results. Farfetch Limited (NYSE: FTCH ) climbed 39.4% to close at $20.92 after the company reported better-than-expected Q4 EPS results. TD Holdings, Inc. (NASDAQ: GLG ) gained 38.9% to settle at $0.25 amid overall market strength as investors react to the ongoing Russia-Ukraine conflict. KAR Auction Services, Inc. (NYSE: KAR ) shares climbed 38.4% to close at $18.94 after the company agreed to sell its ADESA U.S. physical auction business to Carvana for $2.2 billion. Guggenheim upgraded KAR Auction Services from Sell to Neutral. Imperial Petroleum Inc. (NASDAQ: IMPP ) gained 33.8% to close at $2.10. Universal Security Instruments, Inc. (NYSE: UUU ) climbed 32.9% to close at $3.96 after the company reported a joint merger deal with Infinite Reality.

Here are seven major companies whose stocks moved on the week’s news.

Here are seven major companies whose stocks moved on the week’s news.

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced that senior management will present to the investor community at the following virtual conference: Wolfe Research Consumer Conference Presentation Date: Friday, March 4, 2022, 1:40 p.m. ET* *A webcast of the presentation will be accessible on the investor relations section of the Carvana website (https://investors.carvana.com/). An archived replay of the webcast will be a

Carvana Co (NYSE: CVNA ) is trading higher Friday after the company reported strong fourth-quarter top-line financial results and announced it will acquire a U.S. physical auction business. Carvana said fourth-quarter revenue increased 105% year-over-year to $3.753 billion, which beat the $3.53 billion estimate. Total gross profit per unit reached $4,566 during the quarter, an increase of $1,187 per unit year-over-year. "2021 was a year full … Full story available on Benzinga.com

Carmel-based KAR Global on Feb. 24 announced a pending agreement to sell the company’s ADESA U.S. physical auction business to Carvana for $2.2 billion. The sale will allow KAR to focus on its portfolio of digital marketplaces, and proceeds will be used to rescue corporate debt. Approximately 4,500 ADESA and KAR employees will transition to […]

Carvana is spending big bucks to makes sure nearly 80% of U.S. citizens live within 100 miles of one of its physical fulfilment centers.

Carvana (CVNA) jumped 16.62% after a better-than-feared Q4 earnings report. Read more on CVNA stock.

These are the stocks posting the largest moves in midday trading.

Gainers KAR Auction Services, Inc. (NYSE: KAR ) shares climbed 39.2% to $19.05 after the company agreed to sell its ADESA U.S. physical auction business to Carvana for $2.2 billion. Guggenheim upgraded KAR Auction Services from Sell to Neutral. CarGurus, Inc. (NASDAQ: CARG ) shares jumped 38% to $44.51 after the company reported better-than-expected Q4 results. Cyren Ltd. (NASDAQ: CYRN ) shares jumped 37.9% to $6.55 after gaining around 119% on Thursday. Cyren regained compliance with Nasdaq listing requirements. Farfetch Limited (NYSE: FTCH ) gained 26.7% to $19.02 after the company reported better-than-expected Q4 EPS results. Universal Security Instruments, Inc. (NYSE: UUU ) jumped 23% to $3.6796 after the company reported a joint merger deal with Infinite Reality. Paramount Group, Inc. (NYSE: PGRE ) gained 22.2% to $11.35. BVK and Paramount Joint Venture acquired M&M''s World Flagship Store at 1600 Broadway for $191.5 million. Aerie Pharmaceuticals, Inc. (NASDAQ: AERI ) surged 21.3% to $7.16 as the company swung to a profit in the fourth quarter.

Carvana says the Omicron wave of Covid-19 ''has impacted our supply chain deeply.''

Carvana, the online used car marketplace, has agreed to buy Kar Global''s Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue…