The Former Trader Leading Apollo's $500 Billion Threat to Banks [Financial Post (Toronto, Ontario, Canada)]
Carvana Co. Class A (CVNA)
Last carvana co. class a earnings: 2/26 04:05 pm
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — When used-car seller Carvana Co. was in deep financial trouble last summer, Apollo Global Management Inc. tapped a former hedge fund trader to salvage one of its credit group's most prominent missteps. John Zito wasn't there to use his experience betting against beleaguered companies. Instead, his role was to rally creditors to slash more than $1 billion of Carvana's more than $5 billion of bonds and save the online retailer from crumbling. While Carvana's future is far from certain, its stock is up more than 60% this year and it posted its first annual profit in years. Article content Article content Zito's journey from distressed debt trader to direct lending advocate and Apollo's unofficial diplomat traces the firm's ambitions to reshape not only itself but also the broader credit markets. And the 43-year-old is seen as heir apparent to lead
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CVNA
News
- Carvana Co. (NYSE: CVNA) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $80.00 price target on the stock, up previously from $60.00.MarketBeat
- Carvana Honored Among NAFA’s 2024 Best Commercial Fleets at Annual Institute & ExpoBusiness Wire
- 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
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