Carvana stock slides nearly 5% in first 2026 session as CVNA lags used-car peers
NEW YORK, January 2, 2026, 2:45 PM ET — Regular session Carvana Co. shares were down about 5% at $401.17 in afternoon trading on Friday, extending a volatile start to the new year for the online used-car retailer. The stock traded between $390.87 and $426.90. The move left Carvana lagging a mixed U.S. tape, with the S&P 500-tracking SPDR S&P 500 ETF up about 0.1% and the Nasdaq 100-tracking Invesco QQQ slightly lower. That underperformance is drawing attention because Carvana entered 2026 after a sharp 2025 run and a late-December addition to the S&P 500, which can lift demand from