Hindenburg Research, a well-known short seller, has targeted Carvana with allegations that its recent financial recovery is built on shaky foundations. The firm accused Carvana of relying on ...
Hindenburg Research has just released a scathing report on used car retailer Carvana, calling it "a father-son accounting grift for the ages." This was done in order to limit shareholders from ...
Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices, making it a risky investment despite recent profitability and growth. Carvana's GPU calculation ...