1 Unstoppable Growth Stock Up 945%: Is It a Missed Opportunity?
CVNACarvana (CVNA) fool.com·2024-05-20 21:00

Investors have become incredibly enthusiastic toward this enterprise. When its market cap was at just 400millioninDecember2022,sharesofthisonlineusedcarretailerweredown99400 million in December 2022, shares of this online used car retailer were down 99% from their peak price. It looked like the pessimism and doubt couldn't get any higher. But things have turned around in a major way. The business in question, Carvana (CVNA -0.36%), now sports a market cap of 14 billion. And the growth stock has surged a whopping 945% just in the past 12 months. Even though shares are stil ...