Short seller Hindenburg Research accused Carvana of accounting manipulation and unstable loans. The company denies the ...
The report centers on Carvana's practice of loan sales as well as the business relationship between CEO Ernie Garcia III and ...
After a stellar 2024, which saw Carvana's CVNA stock skyrocket over 300%, the online used-car e-retailer had a tumultuous ...
The buy now, pay later firm argues that a recent Hindenburg Research report highlighting a decline in users and merchant ...
Hindenburg Research's report on Carvana causes its shares to drop 11% amid accusations of poor practices and financial ...
Carvana stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that ...
Hindenburg Research, a forensic financial firm known for uncovering irregularities, has turned its attention to used vehicle ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Shares of Carvana Co. fell 11% on Friday after Hindenburg Research published a report accusing the Tempe-based used car retailer of lax car loan underwriting practices, insider trading and more.
Carvana may be a house of cards. That’s according to investment research and activist short-selling firm Hindenburg Research ...
Shares of Carvana (NYSE: CVNA) were climbing for the second day in a row today after Wall Street analysts continued to line ...