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.
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 ...
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 ...
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 (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 ...
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 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 ...
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 ...
Carvana stock dropped for the second day in a row after Hindenburg Research disclosed a short position in the company. However, JPMorgan analysts said their own research into Carvana hasn't ...