CVNA

AcronymDefinition
CVNAColonial Village Neighborhood Association
CVNACentral Virginia Network Alliance (various universities)
CVNACardiac Vagal Efferent Nerve Activity (cardiology)
CVNACardiac Vagal Nerve Activity (cardiology)
CVNACentral Valley Nutritional Associates (Visalia, CA)
References in periodicals archive ?
Carvana's (NYSE: CVNA) replaces the traditional dealership infrastructure with technology and customer service.
Jana increased its stake in nine holdings, including by size, Conagra Brands (CAG), New Oriental Education (EDU), Microsoft (MSFT), Carvana (CVNA), Tiffany (TIF) and Adobe (ADBE).
Most of the growth in online sales currently is from used vehicles marketed through startups like Carvana (CVNA) and Shift Technologies and the move to more online sales could shift the dynamics of automotive retail, allowing dealers to broaden their geographic reach and making it easier for buyers to cross-shop stores based on price.
Wells Fargo analyst Zachary Fadem attributed last week's volatility in Carvana (CVNA) shares to a lack of near-term catalysts coming out of its analyst day, investor concerns around Q4 volumes and the announcement that CarMax (KMX) is expanding its Omnichannel pilot in Atlanta.
He also believes the news could put pressure on Carvana (CVNA) shares in the near-term.
After CarMax (KMX) formally announced its omni-channel offering that was originally discussed in September, Baird analyst Colin Sebastian noted that the new service is similar to Carvana's (CVNA) e-commerce offering and he views it as an endorsement of Carvana's digital model.
Ally Financial (ALLY) is providing up to $2.3B in financing commitments over the next 12 months to support retail contracts from and inventory needs of Carvana (CVNA).
While Dyer believes Carvana (CVNA) and others like Vroom and Shift have proven that consumers are willing to buy vehicles online, he also thinks investors are not sufficiently discounting Carvana's high execution risk, cash burn and the competitive response from traditional dealers.