Carvana short sellers lose $1 billion after record rally
(Bloomberg) — Short sellers at Carvana Co. just hit a grim milestone: more than $1 billion in losses this year. Bloomberg’s Most Read A hot streak for the struggling used-car dealership has only caused problems for bearish investors, with Carvana rallying 411% so far in 2023. $1.04 billion in market value losses for the year, … Read more