Previous close | 41.99 |
Open | 41.28 |
Bid | 0.00 x 1200 |
Ask | 40.12 x 1100 |
Day's range | 39.78 - 42.65 |
52-week range | 3.55 - 57.19 |
Volume | |
Avg. volume | 19,231,795 |
Market cap | 7.148B |
Beta (5Y monthly) | 3.09 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
With relief in mortgage rates now unlikely for at least another two if not three years, it's not a surprise to see most stocks take a step back last week. The flipper of residential real estate saw its stock plummet 20%, mirroring the 20% plunge in Carvana, which is also susceptible to a stubborn outlook for loans. Opendoor has shed more than half of its value since hitting a 2023 high last month, but the stock has still more than doubled this year.
One of the best-performing stocks in 2023 has been struggling used car marketplace Carvana (NYSE: CVNA). After a tumultuous year for Carvana in 2022, investors have quickly bid the stock up, but it still remains 88% off its peak price. One of the catalysts that has propelled Carvana shares this year was the news that the management team negotiated new terms with its debt holders.