April 28 Shares of Carvana Co, which uses vending machine-like towers to sell used cars, fell 10 percent in their debut.
The company's shares opened at $13.50 on Friday, below the IPO price of $15, which valued the company at about $2 billion.
Carvana sells cars through its website and also provides financing.
(Reporting by Diptendu Lahiri in Bengaluru; Editing by Sriraj Kalluvila)
EMBARGO-VW ex-manager should stay in Germany - lawyer in Bild
BERLIN, June 24 A lawyer for one of the former Volkswagen managers sought in the United States in connection with the carmaker's diesel emissions-cheating scandal has advised him not to leave Germany, she told a German daily.