It’s a bit of a Cinderella story. Carvana Co. , which sells used cars online, just promised to sell more cars to more people ...

Overall, Carvana's losses ballooned to $806 million, or $7.61 per class A share of stock, compared to $89 million in the last quarter of 2021. For the full year, the company lost $1.6 billion ...

See Carvana's differentiated business model (presented for investors) here. The company has become very successful, boasting a market cap of $34.54 billion as per Yahoo Finance.

For Carvana, the gains were a welcome turnaround. The company, which once had stock prices as high as $360 in 2021, had experienced a steady decline down to the single digits.

Carvana has seen its share price drop almost 100% year-to-date. We break down the 2023 forecast for the used car retailer and its very loyal creditors.

Carvana Co.’s bonds are touching all-time lows, spotlighting investors’ concerns about the used-car seller’s long-term trajectory as it burns cash and faces rising borrowing costs.

Short seller Hindenburg Research accused Carvana of accounting manipulation and unstable loans. The company denies the allegations. Hindenburg Research, a well-known short seller, has targeted ...

Carvana shares plummeted 41% Wednesday to $3.95, down 99% from its all-time high of $370 just 16 months ago, the latest drastic indication of investors abandoning assets that skyrocketed during ...

Overall, Carvana’s losses ballooned to $806 million, or $7.61 per class A share of stock, compared to $89 million in the last quarter of 2021. For the full year, the company lost $1.6 billion ...