Short seller Hindenburg Research accused Carvana of accounting manipulation and unstable loans. The company denies the ...
Shares of Carvana Co. fell 11% on Friday after activist short seller Hindenburg Research published a report accusing the ...
Hindenburg Research has just released a scathing report ... The company would show up at your door with your new (to you) car and pick up your old one. In 2022, the company also bought a major ...
Shares of Carvana ( CVNA -11.22%) were heading lower today as investors continued to respond to a short report from ...
Hindenburg Research's report on Carvana causes its shares to drop 11% amid accusations of poor practices and financial ...
The report centers on Carvana’s practice of loan sales as well as the business relationship between CEO Ernie Garcia III and ...
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Hindenburg Research has announced a short position on used car retail platform Carvana (CVNA), raising concerns about alleged accounting fraud and highlighting suspicious stock sales by former CEO ...
Hindenburg Research disclosed a short position in Carvana on Thursday, claiming the company's recent turnaround is a "mirage" that is being propped up by unstable loans and accounting manipulation.
(Reuters) -Hindenburg Research said on Thursday it was short ... spree during the pandemic to capitalize on a shortage of new vehicles at that time, but struggled to sell units at enough profit.