An online used car dealer based in Arizona will pay more than a million dollars to settle customer complaints in Connecticut.
Carvana Co. (NYSE:CVNA), the leading online used car retailer in the United States, has been making significant strides in ...
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 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 ...
With Their Signature Humor, Dax and Kristen Showcase How Carvana Makes it Easy for Every Shopper to Find Their Perfect Ride "Kristen and Dax’s comedic chemistry captures what makes Carvana ...
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 ...
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 ...
Hindenburg Research issued a short report against Carvana. Carvana dismissed the report as making allegations already made by other short-sellers. Hindenburg recently had a successful short attack ...
The company is known for its multistory vehicle “vending machines,” such as one located just north of Loop 202 in Tempe and another in Glendale. Carvana shares have dropped about 20% from ...
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 ...