Carvana Co. CVNA, +1.01% said Wednesday it has expanded its platform to four additional markets, offering its free, soon-as-next-day vehicle delivery to Grand Rapids, Lansing and Flint, Michigan, as well as Fort Wayne, Indiana. Carvana lists and sells used cars online. Customers browse the offerings and then can have the car delivered or pick it up from the company’s multistory, coin-operated vending machines. Shares rose 1.6% in premarket trade and have gained 230% in 2018, while the S&P 500 SPX, +0.03% has gained 8.4%.
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