🔴 CVNA is trading 4.1% down today as investors reassess profit sustainability

CVNA is trading 4.1% down today at $63.48 as investors reassess profit sustainability following aggressive analyst price targets and long-term growth forecasts.

• The stock’s pullback follows a recent run-up driven by bullish targets from firms like Morgan Stanley.
• Mixed profitability metrics and broader tech volatility are prompting profit-taking despite supportive long-term analyst views.