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  2. Wall Street Chat - Carvana Stock Down 39% in One Day, Banning TikTok Efforts Are Back, Coinbase Reported 3rd Quarter Results

Wall Street Chat - Carvana Stock Down 39% in One Day, Banning TikTok Efforts Are Back, Coinbase Reported 3rd Quarter Results

Nov 7, 2022

Every Monday Kevin Matthews II from Building Bread and I talk about what is happening on Wall Street! 

  • Carvana posted their worst day on record Friday after the company missed Wall Street’s top- and bottom-line expectations.
  • The effort to ban TikTok is back, and it could gain more strength after the midterm elections.
  • Coinbase reported user numbers that topped analysts’ estimates even as third-quarter revenue missed estimates and the cryptocurrency exchange had a wider-than-expected loss.