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Why Carvana Shares Are Trading Higher By 13%; Here Are 20 Stocks Moving Premarket

Benzinga ·  Aug 1 20:32

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

Carvana reported second-quarter revenue of $3.41 billion, beating the consensus estimate of $3.244 billion, according to Benzinga Pro. The used car retailer reported quarterly earnings of 14 cents per share, beating analyst estimates for a loss of 12 cents per share.

Carvana shares jumped 13.4% to $151.12 in pre-market trading.

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

Gainers

  • FSD Pharma Inc. (NASDAQ:HUGE) gained 55.2% to $0.1568 in pre-market trading after falling 7% on Wednesday.
  • Immuneering Corporation (NASDAQ...
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