How Carvana’s Stock Crashed: What Went Wrong | WSJ
From Wall Street Journal. Carvana’s share price skyrocketed in 2021, but less than a year later it dropped by 95%. WSJ’s Ben Foldy explains the factors that helped drive the online car dealer’s growth and why investors are now questioning its future. Illustration: Preston Jessee More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit…