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Carvana stock was nearly wiped out in 2022. It's rallied more than 7,000% since.

By Yahoo! Finance   |   Oct 31, 2024 at 11:39 PM EST
Carvana stock was nearly wiped out in 2022. It's rallied more than 7,000% since.

Carvana has seen a remarkable turnaround, with its stock price surging over 7,000% since facing bankruptcy in 2022. The company reported record earnings, surpassing Wall Street estimates, with a 34% increase in car sales.

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