Carvana Stock Gains 5%

Shares of used-car e-commerce company Carvana Co. (CVNA) are gaining over 5% on Tuesday morning, breaking its downward trend.

CVNA is currently trading at $25.73, up $1.29 or 5.28%, on the NYSE. The stock has dropped over 25% in the month-to-date period. In the year-to-date period Caravan stock has nearly lost 90% of its market value. It has traded between $19.45 and $316.91 in the past 52-week period.

Carvana operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices.

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