How 3 of the market’s biggest 2022 losers ended up in the S&P 500 this year
Few stock market turnarounds are as dramatic as the one experienced by Carvana (CVNA). By the end of 2022, Carvana had reversed eight straight years of improving margins. The company sold more than double the number of cars in 2022 than it had in 2019, but its annual loss ballooned to nearly $2.9 billion. Now, … Read more