Carvana stock crashes as used auto prices continue to decline

Oct. 13, 2022 9:17 AM ETCarvana Co. (CVNA)KMX, AN, ABG, GPI, SAH, LAD, VRM, SFTBy: Kevin P. Curran, SA News Editor57 Comments

Used Car Seller Carvana Lays Off Over 10 Percent Of Workforce

Joe Raedle

Carvana (NYSE:CVNA) and CarMax (KMX) were among notable decliners on Thursday after the latest CPI report reflected a continued drop in used auto prices.

A hotter-than-expected CPI report reflected price increases in just about every category, save for

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