Carvana stock ticks up near $470 as Wall Street waits on CPI and rate signals
Carvana shares rose 1.6% to $470.52 by midday Monday, outpacing a flat U.S. market. The stock hovered near recent highs as investors awaited Tuesday’s U.S. CPI report and the company’s upcoming earnings, expected mid-February. No company news accompanied the move. Trading reflected sensitivity to interest rate expectations and funding costs.