Carvana Stock Falls. Tariffs May Impact the Company. - Barron's
1. President Trump suggested increasing tariffs on foreign vehicles, impacting Carvana. 2. J.P. Morgan analysts expressed caution over potential used-car market changes. 3. Carvana shares dropped 6.2% following the tariff news, reaching $299.25. 4. Analysts predict a dip in quarterly earnings for Carvana to $530 million. 5. Despite challenges, J.P. Morgan maintains an Overweight rating for Carvana.