Carvana Remains Overvalued After Surging More Than 24% In A Month Amid S&P 500 Inclusion And Fed Rate Cut Bets

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In a major milestone, Carvana was also added to the S&P 500 on Friday. The stock, which plummeted to a low of $3.72 in late 2022, closed Friday 0.23% higher at $399.77 apiece. The stock further jumped …