Carvana stock rose 9% after analyst upgrades following a critical report from a short-seller

From Nasdaq: 2025-01-10 18:15:40

Carvana stock had a rocky start in 2025 after a critical report from a short-seller, but analysts quickly defended the company, leading to a 9% increase in share price for the week. Citigroup and RBC Capital upgraded their recommendations, citing Carvana’s ability to meet market demands. While the short-seller’s accusations may have unfairly impacted the stock, investors should be cautious due to the stock’s volatility. The Motley Fool’s Stock Advisor team did not include Carvana in their list of 10 best stocks to buy now, emphasizing the importance of careful investment decisions.



Read more at Nasdaq: Why Carvana Stock Motored 9% Higher This Week