Sujeet Indap / Financial Times:

Used car marketplace Carvana, whose stock fell from $360 to $4, has now rallied to $86, avoiding a financial abyss after restructuring its $9B debt in 2023  —  Online used-car dealer's cost cuts pay off even as sales volumes lag pandemic frenzy  —  Ernie Garcia insisted for years Carvana …

Sujeet Indap / Financial Times:

Used car marketplace Carvana, whose stock fell from $360 to $4, has now rallied to $86, avoiding a financial abyss after restructuring its $9B debt in 2023  —  Online used-car dealer's cost cuts pay off even as sales volumes lag pandemic frenzy  —  Ernie Garcia insisted for years Carvana …

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