
Investors are worried Mark Walter may be forced to liquidate his stake in the online used-car retailer as prosecutors and the SEC scrutinize his financial empire
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Investors are worried Mark Walter may be forced to liquidate his stake in the online used-car retailer as prosecutors and the SEC scrutinize his financial empire

Shares of Carvana dropped about 6.3% Tuesday as worries swirl that a federal investigation into one of its investors, Mark Walter, could lead to the billionaire selling his stake of the used car retailer.
The Dow Jones Industrial Average fell from record highs Wednesday as markets reacted to the Federal
"Show me" story CarMax in buy zone as archrival Carvana looks to disrupt auto retailing again.
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