US stocks abnormal movement | Q3 earnings per share lower than expected, Carvana (CVNA.US) plunges over 10%

According to the Smart Finance APP, on Thursday, Carvana (CVNA.US) plummeted more than 10% in early trading, hitting a four-month low of $317.22. On the news front, the company's overall revenue in the third quarter increased by 54.5% to $5.65 billion, higher than the analysts' average expectation of $5.08 billion; earnings per share were $1.03, lower than the analysts' expected $1.30. Retail sales hit a record 156,000 units, a 44% increase year-over-year. The company expects retail sales in the fourth quarter to exceed 150,000 units and forecasts that full-year adjusted EBITDA will reach or exceed the upper limit of the previously announced range of $2 billion to $2.2 billion.