CVNA is trading 4.3% down at $67.37 amid ongoing post-split volatility and concerns regarding potential insider selling.
- Technical churn and profit-taking have intensified following Carvana’s 5-for-1 split.
- Sentiment is being pressured by an insider-sale overhang stemming from disclosed Rule 10b5-1 trading plans.
- Broader market weakness is contributing to the downward pressure on the stock today.