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Carvana Stock Split Today: Why CVNA’s $80 Reset Has Wall Street Watching

NEW YORK, May 8, 2026, 09:12 EDT Carvana (CVNA) will undergo its first-ever stock split on Friday, with shares kicking off split-adjusted trading on the New York Stock Exchange after shareholders signed off on a five-for-one forward split. Each outstanding Class A and Class B share will be divided into five, and the number of authorized shares will rise accordingly, according to the filing. (SEC) This shift draws attention because Carvana shares had hovered close to $400 before the adjustment—a price point that can discourage some smaller retail investors. The split brings down the per-share price and bumps up the

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