Articles written by Tom Meilleur - Benzinga

Carvana: A Questionable Used Car Business Model - Part Two

Carvana Co (NYSE: CVNA) has recently reported earnings and revenue growth of 13% YoY. The company continues to bleed red ink and had a net loss of ~$106 million in the second quarter, which increased 66% from Q2 2019, while net cash outflow was a staggering ~$175 million.

Carvana: A Questionable Used Car Business Model

Carvana (NYSE: CVNA) has seen its stock rebound over 400% from the March lows benefiting from the transition to everything online due to COVID19.

Tesla $93B Valuation: Does A Great Product Equate To A Great Stock?