11/07/2022
“many factors work against the firm. There is a drop in market prices for used vehicles. Used vehicle prices soared over the past two years as consumers shunned public transport due to the covid-19 pandemic and many city dwellers moved to the suburbs where it is necessary to have a vehicle for their daily needs”
*TheStreet.com
The online used car retailer fell almost 39% in one session on Wall Street, after disastrous quarterly results.