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Benzinga
Benzinga
Business
Natan Ponieman

Bloated And Burning Cash: Why This Analyst Doesn't Love Car Retailer Stock Carvana

Carvana Wedbush CVNA NYSE United States

“Deterioration in market conditions, a bloated cost structure, and high cash burn” are causing Wedbush analysts to foresee a darker future for used car dealer Carvana Co. (NYSE:CVNA).

The Analyst

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