Carvana Co. (CVNA) shares gained 6.88% today (2023-08-01). Is it the right time to buy?

What’s happening at Carvana Co. (NYSE:CVNA)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 6.88% (or 3.16 points) to $49.11 from its previous close of $45.95. So is it the right moment to buy?
Read more: Carvana Co. (CVNA) shares gained 6.88% today (2023-08-01). Is it the right time to buy?