Reasons to Short Carvana Co. (CVNA)

Investment management company Kerrisdale Capital released an investor letter in June 2023 about its short position in Carvana Co. (NYSE:CVNA). A copy of the same can be downloaded here. You can check the top five holdings of the firm to know its best picks in 2023.

Headquartered in Tempe, Arizona, Carvana Co. (NYSE:CVNA) is an e-commerce platform for buying and selling used cars. On June 23, 2023, Carvana Co. (NYSE:CVNA) stock closed at $21.41 per share. One-month return of Carvana Co....