Carvana may be a house of cards. That’s according to investment research and activist short-selling firm Hindenburg Research ...
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The report centers on Carvana’s practice of loan sales as well as the business relationship between CEO Ernie Garcia III and ...
Short seller Hindenburg Research accused Carvana of accounting manipulation and unstable loans. The company denies the ...
Shares of Carvana Co. fell 11% on Friday after activist short seller Hindenburg Research published a report accusing the Tempe-based used car retailer of lax car loan underwriting practices, insider ...
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 has announced a short position on used car retail platform Carvana (CVNA), raising concerns about alleged ...
Arizona-based online car dealer’s shares fell nearly 5 per cent after US-based short seller Hindenburg Research alleged the ...
Carvana Co. was accused by prominent short-seller Hindenburg Research of impropriety in a report alleging that the auto ...
Hindenburg Research disclosed a short position against Carvana, alleging its turnaround is a "mirage" built on unstable loans ...
Carvana (CVNA) faces scrutiny from Hindenburg Research, calling its turnaround a mirage, and using accounting tricks to ...
Hindenburg Research is targeting used car juggernaut Carvana in its latest investigation, which also takes aim at former veep ...