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Carvana

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That’s Carma: used car startup’s shares stall, falling 7.4% on ASX debut

Simon Thomsen - November 5, 2025 2 MIN READ

Institutional investors may have been keen for a slice of Carma’s IPO, which raised $70 million at $2.70 a share, but retail investors weren’t as keen to get behind the wheel when the four-year-old digital car retailer made its ASX debut on Wednesday, with falling up to 10% on their opening day of trade, and… Read more »

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