Carvana (CVNA) said in a regulatory filing that on January 3, a subsidiary of the company, Ally Bank, and Ally Financial (ALLY) “amended the Second Amended and Restated Master Purchase and Sale Agreement to, among other things, reestablish a commitment by the Ally Parties to purchase up to $4.0 billion of automotive finance receivables between January 3, 2025 and January 2, 2026.”
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CVNA:
- Will Short-Seller Hindenburg’s Accusations Reverse the Rally in Carvana Stock?
- JPMorgan Does Not See “Red Flags” in Carvana (CVNA) despite Short-Seller Report
- Carvana falls -5.4%
- Unusually active option classes on open January 3rd
- Carvana should be bought on short report selloff, says JPMorgan
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.