Hedgeye reiterates Carvana stock a ‘top short idea'
CVNACarvana (CVNA) Invezz·2024-02-10 00:12

Carvana Co (NYSE: CVNA) has gained close to 30% over the past couple of weeks but Hedgeye remains dovish as ever on the online used car retailer. Why is Hedgeye super bearish on Carvana stock? Copy link to section The investment research firm said shares of the New York listed firm could be cut in half over the next eighteen months as it reiterated $CVNA a top short idea on Friday. Analyst Brian McGough cited a decline in used car prices that has pushed some dealers and online platforms into a shut down “gi ...