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Why Carvana Shares Are Trading Higher By Around 20%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Oct 31 18:52

Shares ofCarvana Co.(NYSE:CVNA) rose in today's pre-market trading after the company reported better-than-expected third-quarter financial results.

Carvana reported third-quarter revenue of $3.66 billion, beating the consensus estimate of $3.45 billion, according to Benzinga Pro. The used car retailer reported third-quarter earnings of 64 cents per share, beating analyst estimates of 17 cents per share.

Carvana shares jumped 20.3% to $249.39 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

  • Root, Inc.(NASDAQ:ROOT) gained 79.1% to $72.50 in pre-market trading following better-than-expected quarterly results.
  • 1847 Holdings LLC (NASDAQ...
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