Fintel reports that on January 7, 2025, RBC Capital upgraded their outlook for Carvana (NYSE:CVNA) from Sector Perform to ...
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 ...
NEW YORK, NY / ACCESSWIRE / January 9, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Carvana Co.
Carvana, the Arizona online used-car retailer, suffered a stock-market slide after a short-selling investment firm alleged accounting improprieties.
The firm said Carvana's significant turnaround in 2024 is a "mirage" built in part on selling its customer loans. Hindenburg also criticized Carvana insiders, namely Chief Executive Officer Ernie ...