The Motley Fool has no position in any of the stocks mentioned. Recent prices of CVNA Carvana Co. are as follows: Daily volume is divided by 10 day averaged volume. U.S. markets closed lower on Wednesday after reports that new COVID-19 cases are increasing in many parts of the country, reaching new daily highs in states, including Texas and Arizona, that reopened their economies last month. StumbleUpon, Stock To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Beyond Meat stock is down in after hours trading, but don’t blame management. WhatsApp Tweet Copyright ©2020 Dow Jones & Company, Inc. All Rights Reserved. Tips Still, shares are falling. Look for opportunities to BUY or go LONG in Carvana Co CVNA at this time. Join our mailing list to receive the latest updates from Over 50 Finance. NSE Stock Exchange Of course, volatility is nothing new for Beyond Meat investors. Beyond Meat stock was down more than 20% in Tuesday morning trading in the wake of its earnings report, but don’t blame management. MongoDB: 4 Key Themes to Watch. Carvana is known for its “vending machine” stores, but the company has emphasized its safe home-delivery capabilities since the COVID-19 outbreak began. The company rolled out service in Wisconsin and in San Francisco and San Jose, California, and it also opened a new vending-machine car outlet in Indianapolis. That’s right — they think these 10 stocks are even better buys. Now guidance is $270 million. Technical analysis forecast of Carvana Co Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. And you'd be right. The Motley Fool has a disclosure policy. Daily analysis, news, Munafa stocks list in email: Share: ... It’s a little less clear why that’s bearish for Carvana specifically. As of March 31, Carvana had just $72 million in cash on the balance sheet, and the company is burning cash rapidly due to its high-growth strategy, with negative $258 million in free cash flow in the first quarter. Carvana stock has regained some ground early in 2019 as the broader market has climbed, and it's trading up roughly 8.8% this month so far. Analysis Today’s secondary offering, by contrast, will make shares available on the open market. Wall Street estimates range from $15 billion to $40 billion for alt-meat by the end of the next decade. 10 stocks we like better than Carvana Co.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Check out the latest Carvana earnings call transcript. Keith Noonan covers technology, entertainment, and other fields. Anyone who claims to know what is next for the stock might be overestimating their prognostication abilities. Story continues Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Carvana Stock Fell 24.4% in December @themotleyfool #stocks $CVNA, These Stocks Would Have Doubled Your Money Last Year -- and Are Up More Than 100% in 2020, 3 Stocks That Have Doubled and Still Have Room to Grow, Copyright, Trademark and Patent Information. Write to Al Root at allen.root@dowjones.com. We've detected you are on Internet Explorer. Why Raytheon, General Dynamics, and United Technologies Stocks All Fell 10% Today ... Motley Fool Stock Advisor, has tripled the market. The Motley Fool has no position in any of the stocks mentioned. Let's conquer your financial goals together...faster. CVNA Carvana Co is falling or rising technical reasons . It is a puzzling result. Shares of Carvana (NYSE: CVNA) were pulling back today after the online used-car dealer announced a secondary offering, its second equity offering in less than two months, as the company seeks to improve its cash position during a volatile period. Could Your Broker Cause the Next Market Sell-Off? Shares of Carvana (NYSE: CVNA), an online used-car buying platform, closed sharply lower on Wednesday amid a broad-based market sell-off on rising numbers of coronavirus cases in U.S. states that reopened early. With its e-commerce and vending machine model, Carvana should have an advantage over more-conventional used car dealers, as it can easily enable contactless purchasing and pickup. Why Micron Is So Excited About Artificial Intelligence, Better Buy: ExxonMobil Corporation vs. Royal Dutch Shell, Karyopharm Therapeutics Inc (KPTI) Q3 2019 Earnings Call Transcript, 1 Reason Square’s Core Payment Processing Business Still Has Room to Grow, 3 Lessons From AbbVie’s $5.8 Billion Blunder With Cancer Drug Rova-T. High short interest can cause volatility. In recent Tuesday trading, the stock was under $85. Total revenue climbed 137% year over year in its last quarter, marking the 19th consecutive quarter the business has delivered triple-digit sales growth, and the company expects to extend that streak with its fourth-quarter results -- guiding for year-over-year sales growth between 115% to 138%. However, stock will show a bullish move above 121.6.