For full-year 2022, Carvana posted a net loss of $2.9 billion, while gross profit per unit -- its second most important metric -- dropped from $4,537 to $3,022. The stock plunged 98% in 2022.

Seeking Alpha's YCharts I mentioned that we're in a growth stock capitulation. To best explain why Carvana will face systemic risk is to look at the market's loading factors.

Why is Carvana stock down on Thursday? Carvana sold a total of 114,379 retail vehicles in its fourth financial quarter – an annualised growth of about 50%.

Many investors believe Carvana's struggles have everything to do with falling used-car prices, which is only partly true. See the outlook for CVNA stock here.

Carvana reported a 34% y-o-y increase in vehicle sales units in Q3, with expectations of sequential unit growth acceleration in Q4 - indicating sustained strong sales momentum in the current quarter.

While Carvana’s stock may have moved, it is helpful to see how its peers stack up. Ford Stock Comparison With Peers summarizes how Ford compares against peers on metrics that matter.

Carvana (CVNA) is one of the biggest and fastest turnaround stories we’ve seen in the market. The e-commerce platform for used cars, with its giant vending machines, saw its stock price plummet ...

In comparison, Carvana's debt-to-equity ratio is roughly twice that of used car giant CarMax. For reference, CarMax has been profitable every year since Carvana's IPO.

Carvana (CVNA) closed the most recent trading day at $200.22, moving +1.46% from the previous trading session.

Compare the current stock prices to those on Jan. 19, 2021, when CarLoft’s stock closed at $11.37 and Carvana’s closed at $275.