Geopolitics Alpha

Carvana Rockets. Its Online Car Sales Are Defying The Market.

Published . Updated .

Carvana Rockets. Its Online Car Sales Are Defying The Market.

Carvana earnings growth accelerated as used car sales surged 39%.

Directly affected

  • CVNA Carvana-16.1% 15d

    Named in this report.

Indirectly affected

  • CARZ First Trust S-Network Future Vehicles & Technology ETF

    First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “car” (autos) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+2.2% 19d

    Consumer Discretionary Select Sector SPDR: it holds carmakers and parts makers. Linked by “car” (autos) in this story.

  • TSLA Tesla+10.5% 30d

    Tesla (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “car” (autos) in this story.

  • GM General Motors-5.4% 30d

    General Motors (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “car” (autos) in this story.

  • TM Toyota Motor+2.2% 30d

    Toyota Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “car” (autos) in this story.

  • F Ford Motor-11.6% 30d

    Ford Motor (motor vehicles and passenger car bodies): carmakers move with demand, costs and trade rules. Linked by “car” (autos) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CVNA-0.53%-4.09%base+16.05%after closeafter closeafter close
CARZPrices arriving within minutes———after closeafter closeafter closeafter close
XLYPrices arriving within minutes———after closeafter closeafter closeafter close
TSLAPrices arriving within minutes———after closeafter closeafter closeafter close
GMPrices arriving within minutes———after closeafter closeafter closeafter close
TMPrices arriving within minutes———after closeafter closeafter closeafter close
FPrices arriving within minutes———after closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Carvana Rockets. Its Online Car Sales Are Defying The Market. Investor's Business Daily

Source: Investor's Business Daily

This story

CompanyWhenMoveStatus
CVNAthat day+16.05%still updating
CVNAthree days earlier-4.09%final price
CVNAfive days earlier-0.53%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100Price not final

“Carvana Rockets. Its Online Car Sales Are Defying The Market.” scores 12 out of 100. The score uses 1 sources. The price is not final yet.