Carvana acquires Car360 for $22M to improve its car buying platform [TechCrunch Blog]
Carvana Co. Class A (CVNA)
Last carvana co. class a earnings: 2/26 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.carvana.com
Company Research
Source: TechCrunch Blog
Carvana is already an innovative way to shop for a car and it could get better thanks to Car360. The two companies share an interest in improving the car buying experience through enhanced imagery. Car360’s approach is different from Carvana’s as it’s focused on photos shot with a mobile device. This approach could allow Carvana to accelerate and scale its operations as it currently leans on expensive DSLR rigs to capture most of its imagery. The deal cost Carvana $6.7M in cash and issued $15.2 million in new stock putting the total acquisition price around $22 million. All 16 of Car360’s employees, including Founder Bruno Francois, CEO John Hanger and Chief Computer Vision Scientist Grant Schindler, Ph.D., will stay with Carvana. Car360 had raised $3.9M through two funding rounds including funding from Mark Cuban after the app appeared on Shark Tank. “Carvana and Car360 both believe in the power of putting amazing technology in the hands of the custo
Show less
Read more
Impact Snapshot
Event Time:
CVNA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVNA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVNA alerts
High impacting Carvana Co. Class A news events
Weekly update
A roundup of the hottest topics
CVNA
News
- Carvana: Epic Rally Underscores Why The Market Is Right (Rating Upgrade) [Seeking Alpha]Seeking Alpha
- Carvana Co. (NYSE: CVNA) had its price target raised by analysts at Robert W. Baird from $60.00 to $65.00. They now have a "neutral" rating on the stock.MarketBeat
- Carvana Co. (NYSE: CVNA) had its price target raised by analysts at JPMorgan Chase & Co. from $65.00 to $70.00. They now have a "neutral" rating on the stock.MarketBeat
- Carvana Co. (NYSE: CVNA) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $80.00 price target on the stock.MarketBeat
- Carvana: Hold On, Wait A Minute (Rating Upgrade) [Seeking Alpha]Seeking Alpha
CVNA
Earnings
- 2/22/24 - Miss
CVNA
Sec Filings
- 4/15/24 - Form 4
- 4/11/24 - Form 144
- 4/3/24 - Form 4
- CVNA's page on the SEC website