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Carvana spooks market by moving up results, stock sinks 9%

Clyde Edgerton by Clyde Edgerton
July 18, 2023
in Markets
Carvana spooks market by moving up results, stock sinks 9%
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Shares of Carvana Co. dropped more than 9% in the extended session Tuesday after the online auto retailer spooked markets by moving forward its quarterly results.

Carvana
CVNA,
+8.95%
said that it will report second-quarter numbers before the bell Wednesday, a full two weeks ahead of their previously scheduled release.

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