Just after a report called the company a 'grift', Carvana might be setting aside a fund for customers who bought cars in the last five years.
Online used car retailer Carvana Co., along with its top executives and underwriters, will have to defend allegations that they misrepresented the company’s growth prospects after an Arizona federal ...
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Carvana has been on fire lately. In the past six months alone, the company’s stock price has rocketed 97%, reaching $243.09 ...
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 ...
The company offers flexible delivery options, including pickup from automated vending machines or direct delivery. This streamlined model affords Carvana a competitive advantage over rivals like ...
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 ...
It also generated a lot of media buzz with its vehicle "vending machine" towers. Image source: Carvana. But by Dec. 27, 2022, Carvana's stock price had sunk to an all-time low of $3.72.
CONNECTICUT (WTNH) — You may be entitled to restitution if you purchased a car from Carvana after Jan. 1, 2019. Attorney General William Tong announced a settlement with the used car dealership ...
Connecticut residents who bought a car from Carvana may be eligible for money after the online car retailer agreed to a settlement establishing a $1 million customer restitution fund. The ...