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Category: NYSECVNA

  • Carvana unveils its first auction Megasite in Kansas City (NYSE:CVNA)

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    Investor Empires

    Felix Mezioznikov Carvana (NYSE: CVNAMegasite Inc. announced Monday the development of its first auction and rehabilitation of Megasite in Kansas City. The auto retailer said the transformation will see the creation of inspection and repair center capabilities at its existing ADESA Kansas City wholesale auction. The site, while maintaining all…

  • Carvana is on watch after S&P boosted its credit rating by a notch (NYSE:CVNA)

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    Investor Empires

    Joe Raedle/Getty Images News Standard & Poor’s Global has upgraded Carvana’s credit rating to A+.NYSE: CVNA) to B- from CCC+. The rating agency noted that Carvana (CVNA) has continued to grow revenue and earnings. Standard & Poor’s sees these improvements as sustainable and enabling meaningful free earnings. Operating cash flow.…