Just after a report called the company a 'grift', Carvana might be setting aside a fund for customers who bought cars in the ...
Carvana has been on fire lately. In the past six months alone, the company’s stock price has rocketed 97%, reaching $243.09 ...
Tong said in an email that the settlement establishes a $1 million consumer restitution fund, in addition to a $500,000 ...
Bank of America Securities analyst Mike McGovern has maintained their bullish stance on CVNA stock, giving a Buy rating on January 16.Invest ...
Carvana Co. (NYSE:CVNA), the leading online used car retailer in the United States, has been making significant strides in ...
An online used car dealer based in Arizona will pay more than a million dollars to settle customer complaints in Connecticut.
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 ...
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 ...
Analysts at J.P. Morgan sought to assuage investors on Friday about Carvana Co. after the online used-car sales platform drew intense criticism from short-seller Hindenburg Research, saying that ...
Though the company is known for its office building-sized car vending machines, the essence of its business is the writing and flipping of subprime auto loans. Former Carvana employees told Hindenburg ...
You may be entitled to restitution if you purchased a car from Carvana after Jan. 1, 2019. Attorney General William Tong ...
It also generated a lot of media buzz with its vehicle "vending machine" towers. But by Dec. 27, 2022, Carvana's stock price had sunk to an all-time low of $3.72. Used car prices plummeted as the ...