Carvana restructures debt, posts Q2 results and announces $1 billion stock sale

Key things Shares of Carvana soared more than 36% in early trading on Wednesday after the online used car retailer restructured its debt. The company also reported record quarterly EBITDA and gross profit per unit. Carvana’s second-quarter loss was less than half of analysts’ forecasts. Shares of Carvan (CVNA) soared 36% in early trading Wednesday […]