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| UPDATED: 4/28/17 4:25 pm ET - adds stock close

Used-car retailer Carvana's shares skid in debut

Shares of used-car retailer Carvana fell 26 percent below the company’s initial pricing in their Wall Street debut on Friday.


U.S. auto sales forecast to slip in April as retail demand slumps

It's becoming increasingly clear that U.S. new-vehicle sales have passed their peak, with April expected to mark the industry's fourth consecutive monthly decline.

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