UBS asks:
What will happen next with respect to the used car company Carvana?
Closed Aug 01, 2023 07:01AM UTC
With the car market cooling down as supply chain woes ease and interest rates rising, Carvana is facing various struggles (The Drive, Yahoo Finance, Kelly Blue Book). The question would close early upon a bankruptcy filing from Carvana in the US or an announcement filed with the Securities and Exchange Commission that a party or parties has agreed to either merge with or purchase the whole company.
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The question closed "Neither will occur before 1 August 2023" with a closing date of 1 August 2023.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Carvana will file for bankruptcy in the US | 1% | |
| Carvana will announce an agreement that it will either merge with or be acquired by another firm | 3% | |
| Neither will occur before 1 August 2023 | 96% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 70 |
| Average for questions older than 6 months: 215 | |
| Number of Forecasts | 167 |
| Average for questions older than 6 months: 605 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
