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 ...
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.
Carvana stock defies logic, up 5.30% despite accounting accusations. Wild swings and skepticism surround it. What's next for ...
Hindenburg Research said it pored over documents and interviewed former Carvana employees, experts and competitors over four months, uncovering $800 million in loan sales to “a suspected ...
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 ...
For the last half-decade or so, the last thing any CEO wanted to was to see their company’s name in print alongside ...
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.
Editor's Note: This story has been updated to include a statement from a Carvana spokesperson. Short seller Hindenburg Research is betting against Carvana Co CVNA with the stock up more than 300% ...
One very vocal critic of the management and business conduct of Carvana (NYSE: CVNA) is apparently shutting down, in a rather ...