Carvana Stock Rout Hits 97% This Year With Used-Car Prices Crumble

Carvana Stock Rout Hits 97% This Year With Used-Car Prices Crumble

Business
November 21, 2022 by secret
131
[ad_1] (Bloomberg) — Online car dealer Carvana Co.’s shares are careening toward an all-time low as investors grow more concerned about the continuing decline in used-vehicle prices. Most Read from Bloomberg The price of the company’s stock fell as much as 14% to $6.90, on pace to close at a record low. Carvana, which was