CVNA

Moving with the market

• CVNA +1.16% on the last session vs SPY +0.74%: +0.4 pts of stock-specific move.
• Aftermath, big gain (Sep 29): After its 52 big gains in the past 5 years, CVNA typically gained 1.8% over the next day (median) and was higher 63% of the time; half the outcomes fell between -4.3% and +5.7%. An ordinary day: +0.1%. Among S&P 500 stocks after big gains, that ranks #120 of 500.
• 1 analyst action in the past 10 days (0 positive, 0 negative); latest: Oppenheimer maintained Outperform, target $90.00.
• 1 insider or congressional trade in the past 30 days.
• Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.