Carvana Co is trading 5.1% up at $73.00 as it extends a rebound following its recent stock split.
- The move is being supported by renewed risk appetite and a broader rally in growth-oriented names as sentiment improves across U.S. equities.
- Investors appear to be continuing a post-split re-rating of the stock, with momentum building after consecutive up sessions and no new company-specific negative headlines emerging this morning.