Carvana's Losses Narrow on Cost-Cutting Campaign. Its Stock Is Rising.
The company reached its target of reducing some expenses by more than $100 million a quarter earlier than anticipated.
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The company reached its target of reducing some expenses by more than $100 million a quarter earlier than anticipated.
Increases in repairs on older cars are among reasons that the auto parts retail industry is seeing strong sales growth while sales of new and used cars continue to lag, analysts said.
Home goods retailer Bed Bath & Beyond used to be on solid footing. Now it’s warning investors it might be headed for bankruptcy and has announced store closings, and its stock has seen deep declines.
Some unlikely stocks are soaring this year.
Some unlikely stocks are soaring this year.