CVNA

Q3 record retail units of 217,385 (up 39%) and guidance at the high end of $2.7-3.0bn EBITDA drove a 15.68% jump despite an EPS miss.

Record Q3 retail units rose 39% to 217,385, and full-year EBITDA is now pointed to the top of its range.

Carvana fell 6.62% to $59.51 on Oct 12 amid an unconfirmed single-source report that backer Mark Walter could sell his roughly $2bn stake.

Carvana stock rose on data showing 40% September unit growth and a strong Q2 earnings beat by competitor CarMax.

The stock fell due to short-selling pressure from new Binance perpetual futures and market concerns over ADESA expansion execution risks.

Carvana fell 5.60% due to auto credit warnings from Ally Financial, pre-FOMC interest rate sensitivity, and valuation resistance.

Carvana surged after clearing insider overhang fears, refinancing debt to save $45M in interest, and announcing a new expansion.

Confirmation that a major shareholder's stake is pledged as collateral relieved fears of an immediate forced open-market liquidation.

Carvana fell due to fears that insider Mark Walter may liquidate his $2B stake amid a federal probe, alongside director insider sales.

Shares fell due to insider selling disclosures, profit-taking after a debt refinancing rally, and a spike in benchmark Treasury yields.

Carvana fell due to an analyst downgrade, valuation anxiety ahead of Q2 earnings, and hawkish interest rate signals.

Jefferies reiterated a Buy rating with a $90 price target, triggering pre-earnings buying and short-covering.