Shares of Carvana Co. (CVNA) fell on Thursday morning after the online auto retailer despite the company reporting an increase in fourth-quarter profit and revenues.
The stock is currently trading at $332.27, down $29.26 or 8.09%, on the NYSE. The stock opened at $341.90 after closing Wednesday at $361.53. The stock has traded between $148.25 and $486.89 in the past 52-week period.
Carvana reported fourth-quarter profit of $857 million, or $4.22 per share, up sharply from $79 million, or $0.56 per share, a year earlier. Revenue surged to $5.60 billion, driven by strong unit sales and improved pricing.
For the full year 2025, the company posted record revenue of $20.32 billion and net income of $1.40 billion.
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