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SBI Securities bought Carvana shares as the company reported Q4 earnings and revenue above analyst estimates.
SBI Securities Co. Ltd. bought 717 shares of Carvana Co. (NYSE: CVNA) valued at about $146,000 in the fourth quarter.
Carvana reported Q4 earnings of $0.56 per share, exceeding analyst expectations of $0.29 and revenue of $3.55 billion, surpassing estimates of $3.32 billion.
The stock opened at $188.19, with a market cap of $40.11 billion and a P/E ratio of 119.86.
Various institutional investors have also been actively trading Carvana shares.
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SBI Securities compró acciones de Carvana ya que la compañía reportó ganancias e ingresos del Q4 por encima de las estimaciones de analistas.