Carvana’s Stock Surges 30% After Forecasting Surprise Rise in Retail Sales
Discover how Carvana, the popular used-car seller, experienced a surge in stock price of over 30% after forecasting a surprise rise in retail sales and core profit. With high interest rates leading consumers to turn to second-hand cars, Carvana's positive outlook reflects its ability to adapt. Find out how Carvana's impressive growth and financial results position them as a leader in the competitive industry, leveraging the growing demand for used cars.