Carvana Faces $2.9 Billion Loss in 2022, Stock Plummets

Carvana's $2.9 billion loss in 2022 sent its stock to a low of $3.72, raising insolvency fears. Discover how this impacts the company's future prospects.

A graph depicting a sharp downward trend, symbolizing Carvana's financial struggle in 2022, with a s
Carvana Faces $2.9 Billion Loss in 2022, Stock Plummets

Carvana lost $2.9 billion in 2022 and its stock fell to a low of $3.72 amid insolvency speculation.

Source