Why Carvana Co. (CVNA) Stock Fell 7.1% on Sep 28, 2026
What happened
Carvana Co. moved -3.95% intraday from $65.06 to $62.49. Carvana: High Growth Rates And Operational Strength Demand A Higher Multiple: Carvana delivered its 10th straight quarter of record profitability and revenue, with Q2 FY26 retail units up 38% and revenue up 52%. CVNA's growth is constrained by inventory and reconditioning capacity, not demand; man [2026-09-27]
Monitor for follow-through at the close.
Frequently asked questions
Why did Carvana Co. (CVNA) stock fall on Sep 28, 2026?
Carvana Co. moved -3.95% intraday from $65.06 to $62.49. Carvana: High Growth Rates And Operational Strength Demand A Higher Multiple: Carvana delivered its 10th straight quarter of record profitability and revenue, with Q2 FY26 retail units up 38% and revenue up 52%. CVNA's growth is constrained by inventory and reconditioning capacity, not demand; man [2026-09-27]
How much did CVNA stock fall on Sep 28, 2026?
CVNA fell 7.1% during the Sep 28, 2026 trading session.