Spiros Segalas Comments on Carvana

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Jan 19, 2022
Summary
  • The fund exited the holding.

Carvana (CVNA, Financial) continued to report strong, used-car unit sales and revenue growth. However, we had apprehensions about slowing growth and operational constraints that raise the risk of disappointment in coming quarters. As a result of this uncertainty, we sold the position.

From Spiros Segalas (Trades, Portfolio)' Harbor Capital Appreciation Fund fourth-quarter 2021 commentary.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure