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.
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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