What happened Shares of the online car-selling company Carvana (NYSE: CVNA) spiked this morning following a positive note from an analyst. So what Jones said in an investor note that Carvana has enough cash and a strong value proposition and that despite recent negative press the company still has lots to offer automotive consumers -- including a large selection and positive buying experience -- according to The Fly. And while Jones' comments likely caused Carvana's stock to rise earlier this morning, investors also appear to be processing the latest inflation data that came out today.