A Meteoric Surge Ignites Hype Opendoor Technologies (NASDAQ:OPEN) is on fire, skyrocketing 75% in midday trading Monday, ...

Key Points Opendoor stock has soared on a meme stock rally.Some investors believe the stock could make a Carvana-like ...

In the latest trading session, Carvana (CVNA) closed at $326.09, marking a -4.93% move from the previous day. This move lagged the S&P 500's daily gain of 0.07%. Meanwhile, the Dow experienced a drop ...

Carvana (CVNA) closed at $345.92 in the latest trading session, marking a -3.19% move from the prior day. This move lagged the S&P 500's daily loss of 0.07%. Elsewhere, the Dow lost 0.37%, while ...

In this video, I will cover Opendoor Technologies (NASDAQ: OPEN) and why it could be the next Carvana. Watch the short video to learn more, consider subscribing, and click the special offer link below ...

For full-year 2022, Carvana posted a net loss of $2.9 billion, while gross profit per unit -- its second most important metric -- dropped from $4,537 to $3,022.

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For the current fiscal year, Carvana is expected to post earnings of $4.99 per share on $18.08 in revenues. This represents a 213.84% change in EPS on a 32.23% change in revenues.

In the latest close session, Carvana (CVNA) was up +1.52% at $343.39. This change outpaced the S&P 500's 0.48% gain on the day. Elsewhere, the Dow saw a downswing of 0.02%, while the tech-heavy ...

Perhaps more importantly, its gross profit per unit hit an all-time high of over $6,900, a 7.9% increase and a sign that Carvana isn't just selling more cars -- it's making more money per deal.

Over the past quarter, shares of Carvana have risen 74.53%, and are up 192.12% in the last year. In comparison, the S&P 500 has only moved 23.56% and 13.28%, respectively.

Carvana (CVNA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2021. This widely-known consensus outlook gives a ...