Short seller Hindenburg Research on Thursday accused Carvana of running an “accounting grift for the ages” in a bombshell report — sending shares of the used-car retailer tumbling.
After a stellar 2024, which saw Carvana's CVNA stock skyrocket over 300%, the online used-car e-retailer had a tumultuous start in 2025. Shares of CVNA have seen wild price action after Hindenburg ...
Carvana may be facing a more challenging macroeconomic environment as subprime delinquency rates begin to rise while consumer discretionary spending remains selective. Despite strong YTD ...
Carvana slammed by Hindenburg, and the stock pauses its meteoric rise Carvana’s turnaround is ‘a mirage,’ short seller says Last Updated: Jan. 2, 2025 at 7:55 p.m. ET First Published: Jan. 2 ...
Carvana may be a house of cards. That’s according to investment research and activist short-selling firm Hindenburg Research (never a good sign to be the subject of ire from a company named ...
Jan 2 (Reuters) - Hindenburg Research said on Thursday it was short on Carvana Co (CVNA.N), opens new tab, accusing the used-car retailer of insider trading and accounting manipulation.
Hindenburg took a short position on Carvana’s stock after conducting research that included interviewing former employees. The report, titled: “Carvana: A Father-Son Accounting Grift for the ...
(Bloomberg) -- Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that ...
Carvana stock slid Thursday after short-seller Hindenburg Research revealed a short position in the company. The firm said Carvana's significant turnaround in 2024 is a "mirage" built in part on ...
Carvana (NYSE: CVNA) has likely minted some millionaires since its initial public offering. The online used vehicle marketplace went public at $15 on April 28, 2017, and its stock price ...
An online used car dealer based in Arizona will pay more than a million dollars to settle customer complaints in Connecticut.