🟢 Carvana Co is trading 4.8% up today after expanding into the new car market

Carvana Co is trading 4.8% up now at $65.84 after investors reacted positively to its strategic expansion into the new vehicle sales market.

• The company launched its New Car Experience Paradise model in Dallas, allowing customers to browse vehicle details and schedule independent test drives via smartphone.
• This shift beyond used cars aims to modernize traditional auto retail and is being cited as the primary driver for the stock’s rebound today.