What’s Going On With Carvana Stock on Thursday?

Nabaparna Bhattacharya | May 9, 2024

Carvana Co. (NYSE:CVNA) shares are trading slightly lower in the morning session on Thursday. Yesterday, after the closing bell, the company shared a Letter of Interpretation from the National Highway Traffic Safety Administration (NHTSA) affirming the legality of electronic signatures on physical odometer disclosure documents.   “We are pleased to share NHTSA’s Letter of Interpretation, which affirms the federal […]

Snap Gains Over 25% – What’s Going On?

Nabaparna Bhattacharya | April 26, 2024

Snap Inc. (NYSE:SNAP) shares are skyrocketing in the premarket session on Friday. Yesterday, the company reported its first-quarter financial results with quarterly earnings of 3 cents per share, beating the analyst consensus estimate of a loss of 5 cents per share. Adjusted EBITDA was $46 million, compared to $1 million in the prior year. While reporting quarterly results, Snap highlighted […]