Carvana's stock price surged by 31.43% following positive news on their financial performance. The company reported increased efficiency and profitability, leading to strong financial results. Carvana's adjusted EBITDA is expected to surpass $100 million in the first quarter, showcasing a significant improvement in operations. Despite a loss per share in some quarters, the company's focus on cost-cutting measures, debt reduction, and strategic outlook have driven investor confidence. Analysts are optimistic about Carvana's future potential, upgrading ratings and raising price targets. Carvana's innovative online platform, successful debt restructuring, and emphasis on profitability have positioned the company for continued growth and margin expansion in the automotive retail sector.