Carvana Shares Dip 0.21% as Dollar Volume Falls 20.62% to Rank 271st on U.S. Exchanges

Carvana (CVNA) closed on September 16, 2025, , , . The stock ranked 271st in terms of trading volume among equities listed on U.S. exchanges, indicating subdued investor interest amid broader market dynamics.

Recent developments highlight challenges in the used-car marketplace sector. Carvana’s performance remains tied to macroeconomic uncertainties, including rising interest rates and shifting consumer preferences toward traditional dealerships. Analysts note that the company’s digital retail model faces intensified competition, with limited visibility on near-term margin improvements. Earnings expectations for the upcoming quarter are tempered, reflecting persistent operational cost pressures and inventory management complexities.

To run this back-test accurately we need to make a few practical choices that you haven’t specified explicitly. Here is the default set-up I’m prepared to use—please confirm (or modify) before I start pulling data and crunching numbers: Universe includes all common stocks listed on NYSE, NASDAQ, and NYSE-Arca with valid price/volume history from 2022-01-03 to 2025-09-16. . , equal-weight, and exiting by close. Transaction costs are excluded for the base run. , , , , , . If these assumptions are acceptable, just let me know to proceed with data retrieval and back-testing.