Why is Carvana's stock split announcement being treated as bearish?

Core Viewpoint - Carvana (NYSE: CVNA) experienced a new monthly low as the market expressed skepticism regarding the timing and motivation behind the company's recently announced 5-for-1 forward stock split [1] Group 1 - The market's reaction indicates a lack of confidence in Carvana's strategic decisions, particularly concerning the stock split [1] - The 5-for-1 forward stock split may have raised questions about the company's financial health and future prospects [1]