Carvana slips in thin year-end trade as Wall Street pares risk
Carvana shares slipped 0.6% to $436.00 in Monday afternoon trading, mirroring a broader decline in U.S. equities during a quiet year-end session. The stock remains up about 116% year-to-date. Traders cited light volume, portfolio rebalancing, and anticipation of Carvana’s next earnings report, expected in February. Carvana last posted record third-quarter revenue of $5.65 billion and net income of $263 million.