Carvana (CVNA) Hits All-Time High, 10-Day Run on S&P 500 Inclusion

We recently published 10 Stocks Standing Tall Amid Market Fall; 6 Hit Record Highs. Carvana Co. (NYSE:CVNA) is one of the best performers on Monday.

Carvana soared to a new all-time high on Monday after 10 consecutive days of rally, as investors took heart from its official inclusion in the S&P 500 index.

At intra-day trading, Carvana Co. (NYSE:CVNA) jumped to its highest price of $456.97 before paring gains to end the day just up by 12.06 percent at $447.98 apiece.

This followed the S&P Dow Jones Indices’ report on Friday, adding Carvana Co. (NYSE:CVNA) to the S&P 500 recomposition alongside building materials firm CRH PLC and construction services firm Comfort Systems USA, effective December 22, 2025.

Its inclusion was a significant milestone, having been written off as a “zombie” by Wall Street a few years back.

Share prices of companies added to benchmark indices typically pop as fund managers would need to reposition their portfolios to mirror the composition ahead of the start of their inclusion.

Additionally, the S&P Dow Jones Indices also announced changes to the composition of the S&P MidCap 400 and the S&P SmallCap 600, effective on the same date.

Carvana Co.’s (NYSE:CVNA) rally was supported by the increasing hopes for an interest rate cut, which is set to benefit the company through lower car loans for buyers.

Policymakers are expected to announce on Wednesday, December 10, their decision on interest rates, and economists are highly expecting a 25-basis point rate cut.

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