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98% Below Its High, Morgan Stanley Says Carvana Stock Could Fall To $1

Por: Forbes Business November 06, 2022

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MIAMI, FLORIDA - MAY 11: A Carvana used car vending machine on May 11, 2022 in Miami, Florida. ... [+] Carvana Co. announced it is letting go about 2,500 workers, a few weeks after the company posted a $506 million loss in the first quarter. (Photo by Joe Raedle/Getty Images)Getty Images In July 2021, Carvana stock peaked at $377. By November 4, 2022 its shares had lost 98% of their value — falling to about $9. With 36.3% of its float sold... + full article



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