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3 Reasons to Sell Carvana Stock in 2023

TheMotleyFool

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3 Reasons to Sell Carvana Stock in 2023: https://g.foolcdn.com/editorial/images/715261/gettyimages-1251218290.jpg

Carvana (NYSE: CVNA) was particularly hard hit by the 2022 bear market, which sent its stock price down by 97% in just 12 months. Unfortunately for investors, the downside looks likely to continue in 2023.

With deteriorating fundamentals and potential debt servicing issues, let's take a closer look at why investors should continue avoiding Carvana stock this year.

Source Fool.com

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