Shares of Carvana (CVNA) are up another 6% or $10.75 at $199.60 in pre-market trading following yesterday’s 6.6% gain, with more sell-side analysts defending the name following a short thesis published by Hindenburg Research last week.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVNA:
- Wedbush sees ‘no smoking gun’ in Carvana short report
- Carvana lending fears continue to be overblown, says JPMorgan
- Carvana upgraded to Outperform from Sector Perform at RBC Capital
- Carvana (CVNA) Renews Deal with Ally Financial to Sell Up to $4B in Car Loans
- Carvana amending Ally pact ‘pokes at least one hole’ in short thesis, says BTIG