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Carvana Strikes Deal to Avert Cash Crunch
The used-car seller will sell stock and pledge assets to back new debt. Source link
Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering
Carvana shares surged Wednesday after the used-car retailer said that it had reached a bond-swap deal to reduce its debt by $1.2 billion and launched
Goldman Sachs, Johnson & Johnson fall premarket; Carvana, Microsoft rise By Investing.com
© Reuters Investing.com — U.S. traded largely unchanged Wednesday, consolidating after recent strong gains as investors digest a deluge of important corporate earnings. Here are
For Clues About Carvana's Future, Look to Its Past
Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans. Source link
Carvana drops as JPMorgan cuts, says stock disconnected from fundamentals after 720% YTD rally By Investing.com
© Reuters Carvana drops as JPMorgan cuts, says stock disconnected from fundamentals after 720% YTD rally JPMorgan analysts downgraded Carvana (NYSE:) to Underweight from Neutral
Carvana ‘heading in the right direction’
© Reuters Carvana (CVNA) ‘heading in the right direction’ – JMP Securities The Carvana Co. (NYSE:) price target was doubled to $50 from $25 per
More Junk-Rated Companies Are Facing Credit Downgrades and Defaults
CFO Journal U.S. businesses with lower credit ratings or significant leverage are increasingly struggling with steep increases to debt-servicing costs Source link