Shares of Carvana Co.
soared 20.8% in active afternoon trading Friday, enough to pace the New York Stock Exchange’s gainers list. Trading volume swelled to 28.6 million shares, already well above the full-day average of 18.6 million. The last press release from the online used car marketplace was late Thursday, with the company saying it will report fourth-quarter results on Feb. 23, after the market closes.
soared 20.8% in active afternoon trading Friday, enough to pace the New York Stock Exchange’s gainers list. Trading volume swelled to 28.6 million shares, already well above the full-day average of 18.6 million. The last press release from the online used car marketplace was late Thursday, with the company saying it will report fourth-quarter results on Feb. 23, after the market closes.
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