A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and ...
Carvana stock defies logic, up 5.30% despite accounting accusations. Wild swings and skepticism surround it. What's next for ...
From a long-term perspective, Carvana stock is well above its 20-month moving average indicating that the stock remains in a ...
Responding to Hindenburg's allegation, Carvana spokesperson said, “The arguments in today’s report are intentionally misleading and inaccurate and have already been made numerous times by ...
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 ...
Legal action claiming wrongdoing in the relationship between DriveTime and Carvana has already been brought forth by two pension funds regarding “sham deals,” Hindenburg researchers reported.
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 ...
On Wednesday, the firm's founder Nate Anderson divulged that Hindenburg is to be disbanded following the last of its "Ponzi ...
That means Hindenburg already has sold Carvana stock that it borrowed from a brokerage in expectation that Carvana’s share price will drop, allowing Hindenburg to buy the stock later at a lower ...
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.
Shares of Carvana slid Thursday after short-selling firm Hindenburg Research disclosed a short position in the online used-car retailer.