CVNA Stock On Track For Best Day In Nearly 14 Months As Morgan Stanley Terms It Top Pick On ‘Strong’ Q3 Report
CVNA stock is now on track for its best day since late July 2025, if the gains hold. Bank of America analyst Michael McGovern noted that Carvana is executing well in a mixed macro environment, with better reconditioning efficiency helping offset margin pressure from financing and rising advertising spend. BTIG, however, noted heavier-than-expected expenses in … Read more