Wall Street Can't Keep Up With This Surging E-Commerce Stock. Time to Buy?
One e-commerce stock just blew through every Wall Street analyst target. The reasons behind Carvana's plunge were many. After telling investors that it would report adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of at least $50 million in the second quarter, the stock surged 56% on Thursday, passing even the most bullish Wall Street target along the way.