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 ...
Hindenburg took a short position on Carvana’s stock after conducting research that included interviewing former employees. The report, titled: “Carvana: A Father-Son Accounting Grift for the ...
Carvana (NYSE: CVNA) has likely minted some millionaires since its initial public offering. The online used vehicle marketplace went public at $15 on April 28, 2017, and its stock price ...
Angus Mordant / Bloomberg via Getty Images Carvana (CVNA) stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that has pulled the online ...
Citi's expects Carvana's Q4 retail unit sales beating consensus by 7%, driven by improved new-vehicle supply and stronger advertising efforts. Retail unit sales are expected to grow 48% year-over ...
These factors had a positive effect on investor sentiment, and Carvana shares ended the week 9% higher in price, according to data compiled by S&P Global Market Intelligence. That short-seller ...
Investors with a lot of money to spend have taken a bullish stance on Carvana CVNA. And retail traders should know. We noticed this today when the trades showed up on publicly available options ...
CONNECTICUT (WTNH) — You may be entitled to restitution if you purchased a car from Carvana after Jan. 1, 2019. Attorney General William Tong announced a settlement with the used car dealership ...
Shares of Carvana (NYSE: CVNA) were climbing for the second day in a row today after Wall Street analysts continued to line up behind the stock after a short-seller attacked it last week.
In this article, we are going to take a look at where Carvana Co. (NYSE:CVNA) stands against other firms post strong gains amid Wall Street bloodbath. Wall Street’s main indices closed sharply ...
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 ...