Carvana stock drops again after Gotham short report; Wall Street braces for Feb. 18 results
Carvana shares fell 6.2% to $401.11 Friday after Gotham City Research accused the company of overstating profits by $1 billion and questioned its loan accounting. Carvana denied the claims, calling them misleading. Trading was volatile, with volume at 3.8 million shares. Carvana reports earnings Feb. 18.