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Carvana Joins S&P 500 as Stock Surges Past $400 per Share - Phoenix ...

Carvana's inclusion in the S&P 500 follows a nearly 8,000% stock surge since 2022, creating $540 million in gains for hedge funds Viking and Coatue.

Summary by Forbes
The used-car retailer now has a market value greater than that of Ford and General Motors.

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Benzinga broke the news in New York, United States on Monday, December 8, 2025.
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