Carvana stock prices

[Trigganometry]

Remember when these guys were paying top dollar for your used trucks!

Stock prices 1 year high = $310.10

Today = $30.82

Get ready for a used car market surge when these guys go under ?

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[Gsxrdoug]

Well that doesn't look good.

 

[AzScorpion]

They wont go under, they're owned by a billionaire father and son team. They're downsizing now and have already cut employees. There's a thread on it here. They bought a bunch of vehicles way over what they should've so now they're having to restructure. Plus there's more competition for them now with Vroom, KBB and Driveway. Stinks if you bought their stock at $300/share though. lol

https://www.ranger5g.com/forum/threads/caravana-lays-off-some-employees.19704/

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