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Hindenburg Research disclosed a short position in Carvana on Thursday, claiming the company's recent turnaround is a "mirage" that is being propped up by unstable loans and accounting manipulation.
Hindenburg Research called Carvana a “father-son accounting grift for the ages.” Bloomberg via Getty Images. When shares surged 42% last year, the chief executive’s father sold an additional ...
According to Hindenburg’s research, Carvana has sold $800 million in auto loans to what the company has called an “unrelated third party.” The thing is, though, Hindenburg doesn’t think ...
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 ...
Short seller Hindenburg Research is betting against Carvana Co (NYSE:CVNA) with the stock up more than 300% over the past year. Despite the bearish report, shares are moving higher on Thursday.
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. "Our ...
Shares of Carvana Co. fell 11% on Friday after activist short seller Hindenburg Research published a report accusing the Tempe-based used car retailer of lax car loan underwriting practices ...
Hindenburg Research disclosed a short position in Carvana on Thursday, claiming the company's recent turnaround is a "mirage" that is being propped up by unstable loans and accounting manipulation ...
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