Carvana (CVNA) Stock Drops Despite Market Gains: Important Facts to Note

In the latest close session, Carvana (CVNA) was down 1.63% at $369.60. The stock trailed the S&P 500, which registered a daily gain of 0.37%. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq increased by 0.71%. The company's shares have seen an increase of 1.85% over the last month, surpassing the Retail-Wholesale sector's gain of 0.38% and falling behind the S&P 500's gain of 4.26%.The investment community will be paying close attention to the earnings performance of ...