Carvana Shares Drop 10% Ahead of Quarterly Results as Legal Pressure Intensifies
Carvana Co (NYSE:CVNA) shares tumbled 10% on Wednesday as the online used-vehicle retailer faced a wave of investor caution ahead of its upcoming quarterly earnings release and fresh legal developments. The decline follows a critical report from a short seller alleging accounting and related-party concerns, and a judge's order to produce previously…