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Carvana shares decline amid Mark Walter investigation

Carvana shares are on track for a 10 percent weekly loss following news of an investigation into Mark Walter. The probe has created uncertainty regarding Walter's stake in the company. Investors are assessing potential liquidity requirements if the investigation forces him to raise cash through his Carvana holdings. Monitor for further developments regarding the investigation and any potential impact on major shareholder positions.

Source: CNBC Markets

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