Carvana stock rebounds after earnings miss; costs and a Feb. 26 investor call in focus
Carvana shares rose about 2% to $339.76 Friday afternoon, rebounding after a 15% post-earnings drop earlier in the week. The company reported higher reconditioning costs and retail depreciation, with adjusted EBITDA margin falling to 9.1% in Q4. Investors await more detail on cost controls during a Feb. 26 call hosted by Stephens.