Carvana stock ticks higher after-hours as traders size up short report, earnings ahead
Carvana shares rose 1.7% in after-hours trading Monday, closing at $407.83 after a volatile session. The move follows allegations from Gotham City Research that Carvana inflated profits through undisclosed related-party transactions, which the company denies. Analysts at JPMorgan and BTIG questioned the short seller’s claims. Investors await Carvana’s earnings report and call on Feb. 18.