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 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 ...
Hindenburg Research issued a short report against Carvana. Carvana dismissed the report as making allegations already made by other short-sellers. Hindenburg recently had a successful short attack ...
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 ...
Carvana stock dropped for the second day in a row after Hindenburg Research disclosed a short position in the company. However, JPMorgan analysts said their own research into Carvana hasn't ...
Carvana (NYSE: CVNA) has likely minted some millionaires since its initial public offering. The online used vehicle marketplace went public at $15 on April 28, 2017, and its stock price ...