- eCommerce platform for buying and selling used cars Carvana Co CVNA announced its plans to offer up to $500 million in Senior Notes due 2027.
- Carvana would use the offering proceeds for general corporate purposes.
- The company held cash and cash equivalents of $329 million as of December 31, 2020.
- CVNA’s stock has gained 394% in the last year.
- Price action: CVNA share prices traded lower by 1.52% at $249 in the premarket session on the last check Thursday.
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CVNACarvana Co
$286.0510.4%
Edge Rankings
Momentum
96.27
Growth
9.13
Quality
-
Value
9.29
Price Trend
Short
Medium
Long
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