🟢 Carvana is trading 4.1% up today on record Q2 results and upbeat guidance

Carvana is trading 4.1% up now at $68.86 as investors continue to digest its strong July 29 second-quarter earnings report.

• The stock's momentum is driven by record Q2 sales, revenue, net income, and adjusted EBITDA.
• Management issued upbeat guidance for higher Q3 retail units and increased full-year adjusted EBITDA targets.
• Broader strength in the consumer discretionary sector and equity markets is providing an additional tailwind for the share price.