Carvana cut to Sell at Argus amid falling used auto prices

Nov. 21, 2022 8:55 AM ETCarvana Co. (CVNA)By: Kevin P. Curran, SA News Editor33 Comments

Used Car Seller Carvana Lays Off Over 10 Percent Of Workforce

Joe Raedle

Carvana Co. (NYSE:CVNA) stock slid 5.09% in premarket trading after Argus downgraded the stock to Sell on Monday.

The firm’s analysts advised that shares still have room to decline despite an already drastic drop in 2022. Shares of

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