Just after a report called the company a 'grift', Carvana might be setting aside a fund for customers who bought cars in the ...
Carvana has been on fire lately. In the past six months alone, the company’s stock price has rocketed 97%, reaching $243.09 ...
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 ...
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 ...
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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.
Analysts at J.P. Morgan sought to assuage investors on Friday about Carvana Co. after the online used-car sales platform drew intense criticism from short-seller Hindenburg Research, saying that ...
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 ...
Bank of America Securities analyst Mike McGovern has maintained their bullish stance on CVNA stock, giving a Buy rating on January 16.Invest ...
Along the way, Carvana's valuation has soared as well, and it's trading at a forward P/E above 100. Unlike the attack on Super Micro Computer, there don't appear to be any direct consequences of a ...
It also generated a lot of media buzz with its vehicle "vending machine" towers. But by Dec. 27, 2022, Carvana's stock price had sunk to an all-time low of $3.72. Used car prices plummeted as the ...