Carvana Stock Crashes – Strong Profits Still Not Good Enough for Wall Street
Online used-car giant Carvana misses profit forecasts due to higher costs, sending shares plunging 21% after hours despite record sales and revenue growth.
Online used-car giant Carvana misses profit forecasts due to higher costs, sending shares plunging 21% after hours despite record sales and revenue growth.
Agero announces acquisition of Urgently for $5.50 per share in cash. The combination will create a tech-powered roadside assistance leader serving over 150 million vehicles across automotive, fleet, rental & insurance markets.
Just two days after BlackLine’s deal with Engaged Capital, another activist investor Fivespan Partners discloses a 5.1% stake and plans talks on board changes and strategy at the financial software company.
Morgan Stanley turns more optimistic on Match Group stock after Tinder's first product showcase, citing faster innovation, growing user trends, and potential for share price gains.