Shares of Carvana Co. fell 11% on Friday after activist short seller Hindenburg Research published a report accusing the ...
The report centers on Carvana’s practice of loan sales as well as the business relationship between CEO Ernie Garcia III and ...
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 ...
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 ...
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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's 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.