Carvana Stock Down 34% in a Month: Is This a Buying Opportunity?
Shares of the auto e-retailer Carvana (CVNA) have taken a hit, dropping 34% in the past month. That’s worse than the industry, sector and the S&P 500 index. This sharp pullback comes after a stellar 2024 when CVNA stock skyrocketed more than 300%. However, 2025 has been a different story.In January, short-seller Hindenburg Research (which has since gone bankrupt) accused Carvana of manipulating its accounting to hide losses. While the firm’s closure eased some concerns, doubts about Carvana’s financial heal ...