Carvana (NYSE:CVNA), which operates an e-commerce platform for buying and selling used cars in the U.S., has seen its market value increase by a staggering 802% in the last 12 months. On the back of these gains, Carvana stock looks overvalued today despite the improving fundamentals. Carvana still enjoys a long runway to grow, but this expected growth seems priced in already. I am bearish on Carvana stock, as I believe the company’s valuation has detached from its economic reality. Slowing Growt