Business News October’s Market Winners: A Look at the Top Performers October saw significant stock gains for Reddit, Carvana, and Brinker International, driven by strong earnings and positive analyst sentiment. By Jeffrey Neal Johnson
Business News Carvana Father-Son Duo’s Net Worth Has Collapsed Alongside Company’s Value By Madeline Garfinkle
Business News Carvana Stock Could Be Worth As Little As $1 Per Share, Analyst Predicts Shares of the online used car retailer have plummeted more than 50% over the past two trading days. By Madeline Garfinkle
Business News Carvana to Lay Off 12% of Its Workforce, Ignites ‘Mass Hysteria’ The automotive retailer Carvana Co. announced it will be laying off over 2,000 workers, about 12% of its workforce, in efforts to align expenses with sales. By Madeline Garfinkle
Business Ideas Here’s How the Entrepreneur Behind Carvana Got the Idea That’s Revolutionizing the Way We Buy Cars 'If nobody thinks you're crazy, you probably aren't on to anything truly novel.' By Patrick Carone