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Carvana stock collapses amid bankruptcy fears after creditor pact and another $1 price target

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Carvana stock collapses amid bankruptcy fears after creditor pact and another $1 price target


Carvana (CVNA) shares were spiraling early Wednesday after the online car retailer’s biggest creditors reportedly signed an agreement to cooperate in potential restructuring negotiations as the company faces growing bankruptcy risk. Carvana’s stock plunged as much as 40% early in the trading…

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