Why Carvana Stock Tumbled Today

Key Points Carvana continued to report strong growth in the third quarter. Guidance indicated that vehicle sales could decline sequentially. There are signs in the industry that auto loan delinquencies are rising. 10 stocks we like better than Carvana › Shares of Carvana (NYSE: CVNA) were heading lower today as disappointing guidance overcame better-than-expected results in its third-quarter earnings report. The report also comes as investors have been spooked by rising auto delinquencies and th ...