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Where Will Carvana Stock Be In 1 Year?

TheMotleyFool

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Where Will Carvana Stock Be In 1 Year?: https://g.foolcdn.com/editorial/images/716450/carvana-vending-machine.jpg

Carvana (NYSE: CVNA) stock has gone from market darling to deadbeat in just a year.

Shares of the online used car dealer have collapsed as the company's business model has unraveled. Used car prices have spiraled lower, and the company went deeper into debt last May when it bought the car auction business ADESA.

Where will Carvana be in a year? A better question to ask is whether Carvana can survive its current cash crunch. Let's take a look at the challenges facing the company and its prospects over the next year.

Source Fool.com

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