Shares Plummet 99% from Peak Amid Used-Car Market Shifts

Discover how shares, once peaking over $370 in August 2021 due to a used-car sales boom, plummeted by 99% to $3.72 by December 2022. Uncover the market dynamics.

A dramatic illustration of a stock chart showcasing a steep decline from a towering peak, with eleme
Shares Plummet 99% from Peak Amid Used-Car Market Shifts

Shares hit an all-time high of over $370 in August 2021 amid a surge in used-car sales due to COVID-19, before dropping 99% to $3.72 in December 2022.

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