Carvana's Stock Price Jumps On The Company's Debt Restructuring Plan

DALY CITY, CALIFORNIA - JULY 19: In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on July 19, 2023 in Daly City, California. Shares of used car dealer Carvana skyrocketed by more than 30% on Wednesday after the company announced it had reached a debt restructuring agreement that will reduce outstanding debt by more than $1.2 billion. (Photo by Justin Sullivan/Getty Images)
DALY CITY, CALIFORNIA - JULY 19: In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on July 19, 2023 in Daly City, California. Shares of used car dealer Carvana skyrocketed by more than 30% on Wednesday after the company announced it had reached a debt restructuring agreement that will reduce outstanding debt by more than $1.2 billion. (Photo by Justin Sullivan/Getty Images)
Carvana's Stock Price Jumps On The Company's Debt Restructuring Plan
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