from24/7 Wall St.
5 days agoCarvana Pops 10% as Traders Call Its S&P 500 Addition 'Market Manipulation' and Bet Against Rally
Shares of Carvana ( NYSE: CVNA) jumped 10% in pre-market trading on December 9, 2025, following news that the company will join the S&P 500 on December 22. Yet retail sentiment tells a starkly different story. On Reddit and X, traders remain deeply skeptical, with social sentiment scores hovering around 25 out of 100, firmly bearish territory. While institutional money prepares to pour in through index funds, retail investors are calling it "one of the greatest market manipulations in history."
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