Hindenburg Research disclosed a short position against Carvana, alleging its turnaround is a "mirage" built on unstable loans and accounting manipulation. Hindenburg claims in its report that Carvana ...

These nine Arizona billionaires are among the world's wealthiest people, according to Forbes. See who made the exclusive list ...

Ernest Garcia II, Carvana shareholder ... Previously, he made his fortune from a billboard advertising company, Outdoor Systems, which he sold to Infinity Broadcasting in 1999.

he made his fortune from a billboard advertising company Outdoor Systems which he sold to Infinity Broadcasting in 1999. He graduated from University of Arizona. Ernest Garcia III, CEO of Carvana ...

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 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 ...

I'm upgrading Carvana to a buy rating. The stock has fallen ~30% from its late 2024 peaks, now rendering its valuation at a far more buyable level. The company has seen weakness in January after a ...

Carvana's (CVNA) shares are retreating for a second straight day after a short seller issued a negative report about the firm yesterday. Today CVNA stock is giving back 5%. Carvana specializes in ...

E-commerce-based used-car retailer, Carvana (NYSE: CVNA) has experienced a remarkable turnaround, rebounding from a near-bankruptcy situation in late 2022, when its stock traded at under $5 ...

Carvana subsidiary Ally amends an agreement to reestablish a $4 billion commitment for automotive finance receivables. Wells Fargo analyst David Lantz maintains Carvana with an Overweight rating ...

Carvana's improving financial performance has catapulted the stock higher. The business must deal with a huge debt burden. Shares now trade at a very expensive valuation compared to their past ...

Editor's Note: This story has been updated to include a statement from a Carvana spokesperson. Short seller Hindenburg Research is betting against Carvana Co CVNA with the stock up more than 300% ...