Carvana (NYSE:CVNA) rises 8% after CPI report, focus stays on financing
Carvana Co. shares surged 8.3% Tuesday after a softer U.S. inflation print sent Treasury yields sliding, which offered more support to the debt-reliant used-car platform than to the general market or rival dealerships. Carvana finished at $70.38, ahead of the S&P 500 by 7.9 points. The gain looked tied to macro factors.