Carvana is a holding company. Through its subsidiaries, Co. is engaged in the e-commerce platform for buying and selling used cars. On its platform, consumers can research and identify a vehicle, inspect it using Co.'s 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle, and schedule delivery or pick-up, all from their desktop or mobile devices. Alternatively, a customer can obtain a firm provide online for their vehicle by answering a few questions without needing to provide photos or service records. Customers in certain markets also have the option to pick up their vehicle at one of its vending machines. We show 28 historical shares outstanding datapoints in our coverage of CVNA's shares outstanding history.
Understanding the changing numbers of CVNA shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CVNA versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CVNA by allowing them to research CVNA shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
