Explore Carvana Co.'s potential in 2025, its business relationship with DriveTime, insider stock sales, credit sales, and valuation multiples. Read my CVNA thesis.
Carvana Co. stock closed about 2% lower on Thursday ... especially for a company that’s been labeled a meme stock, a pandemic darling, and a bankruptcy risk,” the company said then.
during the apex of the meme stock rally. Those gains would have turned a $50,000 IPO investment into $1.23 million. Carvana's stock initially surged as used car sales skyrocketed in 2021.