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Carvana Shares Rise 5% as Risk Appetite Lifts Auto Retail

Carvana logoCarvana
Sig0.80Sen+2.20Env0.00Soc0.00Gov0.00
CarMax logoCarMax
Sig0.86Sen+2.05Env0.00Soc0.00Gov0.00
Lithia Motors logoLithia Motors
Sig0.55Sen+2.10Env0.00Soc0.00Gov0.00

Risk appetite drove auto-retail gains, with Carvana up 5% to $76.15 and its beta of 3.488 helping it outpace the used-car group. The stock’s e-commerce and volatile trading profile align it more with high-beta tech than franchised dealers. CarMax and Lithia Motors also rose, reflecting broader sector participation.

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