Carvana Troubles Evident In Web Traffic Data
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Jim Corridore Jim Corridore
Carvana Troubles Evident In Web Traffic Data

Carvana's stock has plunged in recent days on fears the company will fall into bankruptcy. After being a huge beneficiary of pandemic stay-at-home trends, the company has been impacted by the reversal of this trend as well as by declining demand. It seems this trend of buying cars at home has faded. Vroom is also seeing a sharp decline in monthly visitors.

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