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Shares of Carvana (NYSE: CVNA) were going in reverse last month. A broader sell-off in growth stocks weighed on the leading online auto retailer, as did a disappointing earnings report from rival Vroom (NASDAQ: VRM) .
According to data from S&P Global Market Intelligence , the stock finished March down 21%. As you can see from the chart below, it was a volatile month for Carvana, and the stock never fully recovered from a sell-off early in March.