Carvana and Crocs Sink; Chipotle Revamp
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Carvana (CVNA) is sinking after the online car retailer gave an annual adjusted Ebitda forecast with a midpoint below analyst estimates. - Chipotle (CMG) and Starbucks (SBUX) raised their guidance after stronger-than-expected quarters, with sales bolstered by new menu items and revamped loyalty programs.- Crocs (CROX) shares are sinking after a soft outlook for this quarter pointed to a weak second half, pushing some investors to sell following a big rally in the company’s shares this year.See…
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