Carvana (CVNA) Soars on S&P 500 News: What Investors Need to Know After the Bell on December 8, 2025 – Before the Market Opens on December 9
Carvana shares closed near $448 on December 8, 2025, up 12% on heavy volume after news it will join the S&P 500 on December 22. The stock has nearly doubled in 2025 and is up about 8,000% from late 2022 lows. Market cap now approaches $100 billion, surpassing Ford and GM. Index funds and momentum traders drove the surge.