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Carvana’s stock rallies more than 30% on surprise profit for used-car retailer
News
Carvana’s stock rallies more than 30% on surprise profit for used-car retailer
May 2, 2024
Arthur Bleemer
Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.
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Enovix shrinks quarterly loss, vows to cut costs as battery maker’s stock soars 20%
Why ‘sell in May and go away’ could be a bit premature for stocks, according to one chart