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News 2026-07-30 13:32 UTC

Carvana Reports Record Q2 Beat — Stock Falls Anyway

Carvana Co. (NYSE: CVNA ) shares are trading lower Thursday after the company reported second-quarter financial results. Also, Needham and Morgan Stanley lowered their respective price targets on the stock. Carvana stock is showing notable weakness. What’s behind CVNA decline? Carvana’s Growth Streak Hits 10 Quarters C