US EditionCarvana’s Largest Shareholder to Sell $245M in Stock
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Carvana’s Largest Shareholder to Sell $245M in Stock
Carvana Co., the online used-car retailer that has seen a dramatic resurgence in its stock value over the past two years, is once again in the spotlight as its largest shareholder, Ernest C. Garcia II, has filed to sell shares worth approximately $245 million. This move comes as the company’s stock has soared, reflecting a remarkable recovery from near bankruptcy to a market valuation that has captured significant investor attention. According t…
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