https://coincentral.com/carvana-cvna-stock-drops-6-as-forward-split-fails-to-lift-investor-confidence/
TLDR Carvana stock fell around 6.4% on Monday, hitting a new monthly low A proposed 5-for-1 forward stock split was seen by traders as optics management rather than a sign of strength Macro headwinds — including WTI crude at $103 a barrel and a consumer sentiment index reading of 53.3 — are squeezing the business […]
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Carvana (CVNA) Stock Drops 6% as Forward Split Fails to Lift Investor Confidence
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