Shareholders of the used-car retailer will vote on the stock split on May 5.
Shares of Carvana edged higher after the company said its board of directors has approved a 5-for-1 stock split expected to take place in May. Shares were up 2.7% at $300.62 in Friday morning trading.
Costco delivered another strong quarter with double-digit top- and bottom-line growth, but growth rates are decelerating.
Carvana ( CVNA) rallied after the company announced the first stock split in its history. The board approved a 5-for-1 split of its common stock.
A stock split doesn't change a company's fundamentals, but it can shift market sentiment.
A stock split doesn't change any of the underlying fundamentals of a business. This business has continued to execute its playbook year after year, producing significant earnings growth. Improving ...
As of yesterday’s market close, Netflix is the only Big Tech company whose stock is trading at four figures, but that will soon change. The TV streaming giant, whose shares closed at $1,089 on ...
Splits aren't so sweet for large-cap, high-priced stocks Netflix Inc (NASDAQ:NFLX) recently announced a 10-for-1 stock split, with trading on a split-adjusted basis set to begin next week. Most ...
March 13 (Reuters) - Used-car retailer Carvana said on Friday it would split each of its shares into five in its first stock split, sending its shares up 2.8%. The Tempe, Arizona-based online retailer ...
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