Carvana Co

A mascot of TripAdvisor is seen at its display at a trade fair.Axel Schmidt | ReutersCheck out the companies making headlines in midday trading.Carvana — Shares of the online car dealership fell more than 32% after Carvana's largest…

Ernest Garcia III, CEO of Carvana, speaks to CNBC on the floor of the New York Stock Exchange, March 7, 2019.Brendan McDermid | ReutersShares of Carvana plummeted by nearly 40% in morning trading after the embattled online used car…

Pedestrians pass in front of a GAP store in New York.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.Ross Stores — Ross Stores jumped 10% after a quarterly beat on earnings and revenue. The company was also named…

A Carvana used car "vending machine" on May 11, 2022 in Miami, Florida.Joe Raedle | Getty ImagesCarvana is laying off about 1,500 people, or 8% of its workforce, following a freefall in the company's stock this year and concerns around its…

Ernie Garcia, CEO, CarvanaScott Mlyn | CNBCDETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap.He touted the company's "landmark" second-quarter results on Aug. 5, 2021 that included the used car retailer's…

People try their luck at winning a car from the Carvana vending machine at SXSW festival in Austin, Texas on March 12, 2016.Michelle Castillo | CNBCShares of Carvana jumped by as much as 32% Thursday morning – representing a small, yet…

Check out the companies making headlines in midday trading.Lyft – Shares of Lyft plummeted 21% after the company's earnings report showed mixed results in the last quarter. The rideshare company reported adjusted earnings per share of 10…

A Carvana used car "vending machine" on May 11, 2022 in Miami, Florida.Joe Raedle | Getty ImagesShares of Carvana were briefly halted Monday morning due to volatility, down by as much as 24% at one point to below $7 per share — its lowest…

Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to know no bounds, as we mark one year ago…

Shares of Carvana posted their worst day on record Friday after the company missed Wall Street's top- and bottom-line expectations for the third quarter as the outlook for used cars falls from record demand, pricing and profits during the…