Carvana (CVNA) Stock At All Time Lows Today

Schwab Network

English - December 07, 2022 19:31 - 2 minutes - 24.3 MB - ★★★★★ - 23 ratings
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Carvana (CVNA) stock price today is down almost 42% so far. Wedbush downgraded the CVNA stock to underperform from neutral with a new $1.00 price target. This is due to bankruptcy concerns for the used car dealer. Carvana’s bonds have tumbled below $0.50 on the dollar in recent weeks, which could be an indication that traders believe there is a high probability that they will default. Kevin Green weighs in.