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Carvana Soars 7% as S&P 500 Inclusion Announced

12/6/2025

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Story summary
  • CRH Plc, Carvana Co., and Comfort Systems USA Inc. will join the S&P 500 on December 22, replacing LKQ Corp., Solstice Advanced Materials Inc., Mohawk Industries Inc.
  • Carvana's shares surged over 7% after the announcement, reflecting a 10,000% increase from a 2022 low.
  • Carvana sold a record 156,000 vehicles last quarter.
  • Analysts say inclusion in the index boosts demand for shares, though gains often fade after the announcement.