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Carvana stock on pace for worst day ever as outlook darkens for used vehicle market

Por: CNBC Business November 04, 2022

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In this articleSource: NYSEShares of were on pace for their worst day on record Friday after the company missed Wall Street's top- and bottom-line expectations for the as the outlook for used cars falls from record demand, pricing and profits during the coronavirus pandemic.The stock cratered roughly 40% in midday trading. Shares of the online used car retailer have plummeted by more than 95% this year, after hitting an all-time intraday... + full article



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