Carvana stock skyrockets on record Q1 earnings

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Akiko Fujita Nieuws

Stock Price,Trading Session,Brad Smith

Carvana Co. (CVNA) experienced a surge in its stock price during Thursday's trading session, fueled by the company's record-setting first quarter results...

) experienced a surge in its stock price during Thursday's trading session, fueled by the company's record-setting first quarter results. The online used car retailer reported $49 million in net income, a turnaround from the $286 million loss it posted in the same period last year.This dividend stock is near 52-week highs, but still down from all-time highs, with a highly valuable P/E ratio you won't want to miss.

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