Morgan Stanley Issues Bearish Outlook on Carvana Despite Record Quarterly Earnings

Despite reporting its strongest quarterly performance to date, Carvana’s stock continues to decline throughout the year, prompting a cautious investment verdict from Morgan Stanley analysts.

5 Sept, 11:07 — 5 Sept, 11:07

Post Share

Sources

Showing 1 of 2 sources

thestreet5h ago

Morgan Stanley delivers bold Carvana stock verdict

Carvana just posted its best quarter ever, yet the stock is down for the year.

By Peace Longe

Read full article →

Coverage Timeline

First report: thestreet · 5 Sept, 11:07|Full coverage: 2 · 3h|Window: 3h

Left-leaningCenterRight-leaning

thestreet5 Sept, 11:07First to report

Morgan Stanley delivers bold Carvana stock verdict

3h later

Yahoo5 Sept, 14:07Latest update

Morgan Stanley Issues Bearish Outlook on Carvana Despite Record Quarterly Earnings

Sources

Morgan Stanley delivers bold Carvana stock verdict

Coverage Timeline

Morgan Stanley delivers bold Carvana stock verdict

Morgan Stanley delivers bold Carvana stock verdict

Related Stories

Strong U.S. Jobs Report Boosts Expectations for September Fed Rate Hike

Uber Exits Nigerian and Ugandan Markets Amid Regulatory Challenges

Kenya Reverses Course on Tata Chemicals Exit Following Public Backlash

CBI Registers Fraud Case Against Zee Founder Subhash Chandra