Shares of online used-car dealer Carvana Co. are extending losses Tuesday, hurt by concerns that one of the company’s largest investors — billionaire Mark Walter — may sell down his stake as he contends with a federal probe of his investment empire.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-18/walter-probe-weighs-on-carvana-as-investors-suspect-share-sale)

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