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Motley Fool
Why Carvana Motored 3% Higher Today
Any time an industry is in turmoil, a company within it can see notable volatility in its stock price, with some movements making less sense than others. On Wednesday, one of the more up-and-down titles in the sector, Carvana (NYSE: CVNA), saw a counterintuitive rise. The company’s share price ended the day 3% higher, despite yet another negative analyst note on its prospects.