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

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

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, whose stock has rallied... 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, whose stock has rallied more than 700% this year, said that a conference call with analysts will follow at 8 a.m. Eastern.

 

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