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.
Activist investor Nelson Peltz says Wendy's stock is undervalued in a new SEC filing, sparking a big price surge. His firm eyes big moves like a possible buyout as the chain faces sales challenges.
Mister Car Wash to go private in $3.1B deal with Leonard Green & Partners at $7.00 per share. Expected close in H1 2026.
Activist investor Starboard Value, holding over 9% of Tripadvisor, is pushing to overhaul the company's board by nominating a majority of new directors. This comes as the stock has dropped sharply amid weak earnings and AI worries.
Activist investor Elliott Investment Management has grabbed over 10% of Norwegian Cruise Line shares and wants big changes to boost performance and guest fun.
Airbnb delivers impressive Q4 results with 12% revenue growth, beating expectations, and forecasts 14-16% Q1 2026 revenue increase amid rising travel demand and new features.