Shares in used car retailer Carvana (CVNA) skidded 9% lower after the firm posted Q4 earnings which missed market expectations. The $47 billion company is popular with US retail investors and recently joined the large-cap S&P 500 benchmark. Share price: $329 (-9%) PE: 55x Market cap: $47bn Yield: n/a Higher costs impact margins For the … Continue reading Carvana skids lower on disappointing earnings