
Shares of Carvana fell by nearly 17% this morning following the retailer and lender’s latest earnings, which saw an increase in originations but a quarter-over-quarter decline in retail gross profit per unit. The Tempe, Ariz.-based company’s auto originations rose 53.3% year over year and 4.6% QoQ to $2.3 billion in Q4, according to an Auto […]