What’s Driving Carvana Stock To New Highs?
- Tuesday, August 25, 2020, 7:11
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Carvana’s stock has little upside room left based on its valuation, after it rallied from $36 to $202 off the recent bottom compared to the S&P which moved 51%. One of the reasons for the high recovery was the Fed’s multi-billion dollar stimulus package announced on March 23rd which lifted market…