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Shares of Carvana (NYSE: CVNA) are up big in 2023, but the company is still in trouble. Losses are mounting and a recent refinancing just kicks the company's problems down the road. In this video, Travis Hoium covers why this is a stock to avoid.
*Stock prices used were end-of-day prices of Sept. 3, 2023. The video was published on Sept. 5, 2023.