Carvana has been on fire lately. In the past six months alone, the company’s stock price has rocketed 97%, reaching $243.09 ...
Carvana Co. (NYSE:CVNA), the leading online used car retailer in the United States, has been making significant strides in ...
Tong said in an email that the settlement establishes a $1 million consumer restitution fund, in addition to a $500,000 ...
Officials say Attorney General William Tong will announce a settlement with online used car dealer Carvana Tuesday following ...
An online used car dealer based in Arizona will pay more than a million dollars to settle customer complaints in Connecticut.
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 ...
When people buy a car from Carvana, a loan originates from the retailer, but it then sells those loans to other companies. Its primary buyer for those auto loans was Ally Financial, but the bank ...
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 ...
The company is known for its multistory vehicle “vending machines ... Meanwhile, Carvana is operating in a sector characterized by declining used-car sales and rising customer delinquencies ...