The Ratings Game: Carvana stock set for another decline as ‘confidence is low’ with bankruptcy feared

Carvana Co. shares were set to fall again Friday, after a Thursday rally that followed Wednesday’s record declines, as analysts highlighted the challenging path ahead for the used-car retailer. Needham’s Chief Pierce downgraded Carvana’s stock CVNA, Shares of Carvana were off more than 5% in…

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