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The used-car business faces pressure as consumer demand wanes.
Carvana's (CVNA -3.14%) stock is down more than 95% in 2022 as consumer demand for used cars falls. This video will highlight the key factors affecting Carvana stock right now.
*Stock prices used were the afternoon prices of Dec. 14, 2022. The video was published on Dec. 16, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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