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.
Hindenburg Research has just released a scathing report on used car retailer Carvana, calling it "a father-son accounting grift for the ages." This was done in order to limit shareholders from ...
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 ...
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 ...
Carvana may be facing a more challenging macroeconomic environment as subprime delinquency rates begin to rise while consumer discretionary spending remains selective. Despite strong YTD ...
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 ...
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 ...
Shares of Carvana Co. tumbled after an investment firm issued an inflammatory report about the online car retailer that alleges accounting manipulations, questionable insider stock sales and other ...