Carvana (CVNA) Q1 Earnings: Best Results In Company’s History, Short Sellers Scramble
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Shares in Carvana (CVNA) surged by as much as 37% following the release of its Q1 2024 results, which the company itself hailed as its best quarter in history. The used car sales company reported sales of 91,878 vehicles in the quarter, marking a 16% increase compared to Q1 2023. This represents the company’s third…
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The shares of Trump Media have surged by triple digits in approximately two weeks, marking a significant reversal from the bearish trend following its highly anticipated IPO. DJT shares surged 120% since mid-April, hitting $50 per share, partially reversing a sharp decline post-IPO. Despite weak fundamentals, DJT’s trading mimics meme stock volatility, fueled by speculation…
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Trump Media & Technology Group is raising awareness among its shareholders regarding harmful trading practices in the stock market. Trump Media & Technology Group highlights steps for shareholders to prevent short selling by recalling shares or transferring them to the Direct Registration System (DRS). DRS offers increased control over investments, preventing illegal short trades by…