Nov 8, 2022
3 min read
The Epic Collapse of Carvana
Once a behemoth, the company is now in major trouble
Carvana was finally the cool kid on the block. With their car vending machines, towering alongside highways across the United States, customers could get a unique car ordering experience.
In July 2021, Carvana (NYSE: CVNA) was trading around $340. A year and a half later, it’s at $8.
