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Carvana Rebounds as Report on Walter’s Pledged Stake Allays Fear

Shares of online used-car dealer Carvana Co. recovered some losses from a two-day selloff, after a report showed billionaire Mark Walter’s stake in the company was pledged, meaning he wouldn’t be able to immediately sell it as he contends with a federal probe of his investment empire.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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