Shares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street’s top- and bottom-line expectations for the third quarter.

The stock fell by more than 7% during after-hours trading, quickly erasing a 6.5% gain from earlier in the trading day. Shares of the company have been nearly cut in half this year.

The used vehicle market a year ago was significantly elevated as consumers who couldn’t find or afford to purchase a new vehicle opted for a pre-owned car or truck.