For the whole yr, Carvana marketed 412,296 motor vehicles, down 3. percent from 2021. Its yearly per-motor vehicle gain was $3,022, down $1,515 from 2021. “From a limited-phrase perspective, it was obviously a really tough year,” Carvana CEO Ernie Garcia and CFO Mark Jenkins wrote in a letter to shareholders. […]
losses
Stocks added to Thursday’s losses as jitters over a swift tightening of financial conditions increased on the heels of a multi-decade high print on inflation. The S&P 500, Dow and Nasdaq fell during a choppy session Friday. The S&P 500 had declined by 1.8{a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} on Thursday and the Nasdaq dropped […]