The collapse of Carvana, the ‘used-car Amazon’ continues

Heaven does not exude Karvana.

On the contrary, large clouds continue to gather over the company that has been one of the biggest winners in the COVID-19 pandemic, with exponential growth.

Since the quarterly results were announced on November 3, Carvana (CVNA) – Get a free report The shares have lost 44% of their value and are currently trading at $8.06 from $14.35 that day. This translates into a drop in market value of about $1.1 billion in two weeks. Carvana’s market capitalization is currently $1.43 billion.

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