Carvana Co is trading 7.9% up now at $69.18 as U.S. equities open sharply higher and risk appetite improves.

  • The move appears to be tied to a broader market rally after U.S.-Iran peace and de-escalation headlines lifted the S&P 500 and Nasdaq futures.
  • No company-specific catalyst has surfaced to explain the stock's outperformance during the morning session.