In the time since joining the S&P 500 (SPY), investors have not expressed any concerns about the used automobile firm Carvana (CVNA). That sentiment changed when questions arose about its loan sales to third parties.
CVNA stock fell by around 8% to close at $332.79. On the chart, shares indicated a bearish “double top” pattern at around $480. In the last quarter, Carvana reported a 58% increase in revenue and a 43% rise in retail vehicle sales. In short, Carvana posted losses per vehicle sale but managed to report a profit. However, the company’s CFO defended its accounting methods for loans to related parties. Still, the firm’s auditor, Grant Thornton, did not raise any concerns.
EPAM Systems (EPAM) posted quarterly results, but the stock fell by 17% in reaction to its outlook. In Q4, non-GAAP EPS was $3.26. Revenue increased by 12.8% Y/Y to $1.41 billion. For FY 2026, EPAM is forecasting revenue to grow by up to 7.5%. For Q1, revenue of up to $1.4 billion is within the consensus estimate.
Pool (POOL) dropped by 14.5% to close at $218.36, a new 52-week low. Q4 GAAP EPS of $0.85 on a 0.5% Y/Y revenue decline to $982.2 million missed expectations. The firm will focus on driving sustainable growth through innovation and disciplined execution. Despite an EPS forecast of $10.85 - $11.15 per share, the outlook did not impress investors.
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