Carvana shares fall after Hindenburg Research calls company’s turnaround ‘a mirage'
Shares of Carvana Co. fell 11% on Friday after activist short seller Hindenburg Research published a report accusing the ...
Hindenburg Research shorts Carvana, calling company's turnaround a ‘mirage'
The report centers on Carvana’s practice of loan sales as well as the business relationship between CEO Ernie Garcia III and ...
NBC New York9d
Hindenburg Research shorts Carvana, calling company's turnaround a ‘mirage'
Hindenburg Research disclosed a short position in Carvana on Thursday, claiming the company's recent turnaround is a "mirage" that is being propped up by unstable loans and accounting manipulation.
Gizmodo9d
Carvana Is Cooking Its Books, Hindenburg Research Claims
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 ...