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Carvana, struggling with robust trade-ins, pandemic, posts Q3 loss

Carvana vending machine
Carvana's car vending machine in Novi, Mich., just outside Detroit (TERRY KOSDROSKY)
DM
By:
David Muller
November 04, 2021 11:12 PM

Carvana continues to rack up strong top-line results but posted a wider loss in the third quarter after producing its first profit ever — $45 million — in the second quarter.

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