Carvana's Turnaround Tale: Is This High-Flying Stock Still a Buy?

During the 2020-2021 pandemic, a select group of companies experienced unprecedented growth and Carvana (CVNA) was one of them. Carvana, an e-commerce platform for buying and selling used cars, thrived when pandemic restrictions limited in-person car shopping. The company's stock soared during these years, reflecting heightened consumer demand and growth potential.However, as the world returned to normalcy in 2022, Carvana's fortunes took a stark downturn. It faced a perfect storm of challenges in the form ...