Carvana Soars Over 10,000% From Lows—Now It’s in the S&P 500

Carvana’s glass car-vending tower showcases its automated used-car retail model and growing digital-auto demand. Key Points The company's addition to the S&P 500 index creates significant, automatic buying demand from passive and tracker funds. This milestone was earned through a fundamental business transformation that delivered sustained profitability and impressive year-over-year revenue growth. Management has shifted its focus from survival to market dominance, backed by a fortified balance sheet a ...