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Stock impact report

Reddit Investors Have No Faith in Used Car Stocks | CVNA CARS CARG [Yahoo! Finance]

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: Yahoo! Finance
Carvana missed Q3 earnings estimates by 22%, ending a seven-quarter beat streak. CarMax earnings fell 25% year-over-year with profit margins at just 1.84%. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Shares of Carvana ( NYSE:CVNA ) trade near $460 today, and amazing rally from just $309 a share on November 21st. Despite the run, retail investors across Reddit and X aren't convinced. It's not just Carvana either, retail investors seem uniformly very bearish of the space. CarGurus ( NASDAQ:CARG ) and Cars.com ( NYSE:CARS ) face identical bearish sentiment scores of 8 to 12 out of 100. Those are among the lowest scores we currently track on 24/7 Wall St and are specific to this subsector. On Reddit's r/wallstreetbets, with traders painting the entire sector as fundamentally broken. The most viral post came from user lord_denister, who accused Carvana insiders of using the comp Show less Read more
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