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Deep Dive: Under the Hood of Carvana’s 100X Rally

The Rundown

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The Spectacular Rise and Recovery of Carvana

This chapter explores Carvana's dramatic journey from a pandemic success to a near-bankruptcy situation in 2022, followed by a remarkable comeback. It examines the company's online car buying model, stock price volatility, and strategic initiatives for regaining financial stability amid ongoing concerns regarding their accounting practices.

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