Carvana's Debt Restructuring
Carvana's recent debt restructuring has sparked a 43% surge in its stock, as the company eliminates a significant portion of its unsecured note maturities and reduces total debt by over $1.2 billion. Despite a tumultuous 2022 marked by inflation and lawsuits, the latest earnings report shows promise, with a net loss that beat estimates. This turnaround could signal a new chapter for the troubled used car retailer.In this clip
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Carvana and Corporate Governance, Hollywood vs. Microsoft, and Oddity’s IPO | Prof G Markets
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