Carvana Stock Drops 46.97% in Trading Volume Despite 12th Ranking in Zacks Sector

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 8:01 pm ET1min read

On June 17, 2025,

(CVNA) closed with a trading volume of $790 million, marking a 46.97% decrease from the previous day. The stock price rose by 1.38%.

Carvana is part of the Retail-Wholesale group, which currently ranks 12th within the Zacks Sector Rank. This positioning indicates that the company is performing relatively well within its sector, which could be a positive indicator for investors.

In the third quarter of 2024, Carvana reported an operating income of $7.39 million, with a gross profit of $7.58 million. This financial performance demonstrates the company's ability to generate sustainable earnings, which is crucial for long-term investor confidence.

Carvana's stock has shown significant growth, with an annual surge of 186%. This impressive performance highlights the company's strong market position and potential for future growth.

Despite the overall positive outlook, Carvana was among the top 11 large-cap losers last week (June 9-13). This fluctuation in performance underscores the volatility in the market and the need for investors to closely monitor the company's progress.

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