Carvana Stock Falls Short On First Day Of IPO
PYMNTS
MAY 1, 2017
Founded in 2012, the Phoenix-based company sells cars through its website and operates automated towers that store cars in U.S. Wells Fargo Securities, LLC, Bank of America Merrill Lynch, Citigroup Global Markets, Inc. are acting as joint book-running managers for the offering. Carvana Co., and Deutsche Bank Securities, Inc.
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