(Bloomberg) — Carvana Co. shares have doubled this year, and more head-scratching moves could be in store for the debt-strapped online used-car retailer amid bets the rally won’t last.
Most Read from Bloomberg
Some 195,000 call contracts on Carvana changed hands at 1:16 p.m. in New York Monday, above the average volume in the past 20 days, according to data compiled by Bloomberg. The shares are up 26% on the day, and if the positive momentum continues through the close, the…
Comments are closed