
After a dismal performance in 2022, Carvana (CVNA) stock has sped past even its best-performing rivals on a year-to-date basis. CVNA is up by a whopping 904% in 2023, markedly outpacing the performance of its peers like Vroom (VRM) (+134% YTD), CarGurus (CARG) (+58% YTD), and CarMax (KMX) (+36% YTD).
