Tag Archives: skid

Used-car retailer Carvana’s shares skid in debut

Founded in 2013, Carvana is one of a handful of companies trying to disrupt how cars are traditionally bought in dealerships. Shares of used-car retailer Carvana Co. fell 26 percent below the company‚Äôs initial pricing in their Wall Street debut on Friday. Carvana shares, priced at $15, closed the day at $11.10 after falling as low as $10.70 just before ... Read More »