Carvana is trading 4.5% down at $70.14 amid broad equity weakness following hotter-than-expected August PPI, which has pressured rate-cut expectations.
- The S&P 500, Nasdaq, and Dow are all lower.
- Brent crude above $100 is raising inflation and consumer-spending concerns.
- No fresh company-specific catalyst was identified; recent coverage revisits July’s disappointing full-year EBITDA guidance.