Carvana Shares Slump as Federal Investigation Targets Billionaire Investor Mark Walter

CNBC Finance reports that federal prosecutors and the SEC are scrutinizing the financial empire of Mark Walter, causing Carvana stock to drop roughly 10% this week. The billionaire indirectly controls an 8% stake in the online vehicle retailer, leading to market anxiety over pote

CNBC Finance reports that federal prosecutors and the SEC are scrutinizing the financial empire of Mark Walter, causing Carvana stock to drop roughly 10% this week. The billionaire indirectly controls an 8% stake in the online vehicle retailer, leading to market anxiety over pote