Carvana Stock Plummets as J.P. Morgan Turns Bearish

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Source: Barron's
Carvana Stock Plummets as J.P. Morgan Turns Bearish
Photo: Barron's
TL;DR Summary

Carvana stock is experiencing a decline after a period of gains, which had put pressure on short sellers. J.P. Morgan analysts have downgraded the stock, citing concerns that the valuation has exceeded the improvements in the company's business.

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