A stock is considered to be oversold if the RSI reading falls below 30. In trading on Tuesday, shares of Carvana Co (Symbol: CVNA) entered into oversold territory, hitting an RSI reading of 28.6 ...
The general mood among these heavyweight investors is divided, with 31% leaning bullish and 45% bearish. Among these notable ...
Carvana is benefitting from stronger used car pricing and a more refined loan agreement with Ally Bank. Read why CVNA stock is a Strong Buy.
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 ...
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 ...
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 ...
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $240.0 for Carvana over the last 3 months.
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 ...
Hindenburg took a short position on Carvana’s stock after conducting research that included interviewing former employees. The report, titled: “Carvana: A Father-Son Accounting Grift for the ...
Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices, making it a risky investment despite recent profitability and growth. Carvana's GPU calculation ...
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.