Carvana Cruises Higher On Upbeat Outlook
A short squeeze of beaten-down stocks is just what “the Docusign” ordered. Let’s see what’s happening in several beaten-down tech names and what it says about the market environment. 👇
First up is online car retailer Carvana, which provided investors with updated second-quarter guidance today. The company said its cost-reduction efforts would boost results beyond prior expectations.