Why Investors need to Avoid Carvana Archives

daniel October 7, 2020October 7, 2020 Carvana, Carvana (CVNA), Carvana (NYSE: CVNA), Carvana Co. (NYSE: CVNA), Carvana Loses Money, Does Carvana Make Money?, Is Carvana Making Money?, Mr. Market Overvalues Carvana, Why Investors need to Avoid Carvana

Is Carvana Making Money?

Carvana (NYSE: CVNA) grows fast, but it is not making money. Carvana reported a -$89.73 million operating loss on 30 June 2020. The quarterly operating loss shrank from -$137.29 million on 31 March 2020 and -$99.12 on 31 December 2019.