Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to, Carvana stock surged as much as 33% today! But why?


1. What do some traders speculate that the change is due to? Explain.

2. What happened to Carvana stock in 2022 and why?

3. During the COVID pandemic, how many times did Carvana go into debt?


Chang, E. (2023). Carvana Stock Soars., Jan. 30 (Retrievable online at