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-0.000931618497822426 -0.00165366686097408 0.00628886513369334 0.00677316586507556 -0.0108817971607651 0.00743357595332386 0.017156573545909 0.0170755632417505
Stock impact report

Carvana Short-Seller Losses Hit $3.9 Billion as Stock Soars [Yahoo! Finance]

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: Yahoo! Finance
(Bloomberg) -- Carvana Co.'s surge Thursday added to pain for short sellers who've amassed major losses betting against the used car retailer as its shares have rebounded over the last year. Most Read from Bloomberg US and Saudis Near Defense Pact Meant to Reshape Middle East Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online Biden Calls Ally Japan ‘Xenophobic' Along With China, Russia Huawei Secretly Backs US Research, Awarding Millions in Prizes Tesla Axes Supercharger Team in Blow to Broader EV Market The 40% jump, following a better-than-expected first-quarter earnings release, pushed the stock's annual gain past 1,500% and extended short-seller losses to $3.9 billion, according to data from S3 Partners LLC. Thursday's move alone cost the group more than $860 million in paper losses, S3 said. Read more: Carvana Shares Soar on Better-Than-Expected Profit and Sales (3) The upward momentum marks a new chapter for Carvana after the stock was beaten up in Show less Read more
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