According to theStreet.com, 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. TheStreet.com, Jan. 30 (Retrievable online at https://www.thestreet.com/automotive/carvana-stock-ramps-up?)