automotive industry, Carvana, used-car market, automotive retail, stock performance, earnings report
February 21, 2026
Carvana Falls as Higher Costs Trim Used-Car Seller’s Profit
Carvana’s stock price dropped after the online used-car retailer reported fourth-quarter profits that fell short of expectations. The miss was attributed to costs that climbed higher than anticipated, signaling some growing pains as the company continues its rapid expansion. The company’s adjusted earnings fell below the average analyst forecast. According to its statement, increased non-vehicle […]