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 ...
shares are dropping in premarket trading on reports that President Biden will block its merger with Japan's Nippon Steel; ...
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 ...
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 ...
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 ...
Carvana Co. stock closed about 2% lower on Thursday after a scathing short-seller report called the company's turnaround a "mirage," after initially adding to gains that have topped 300% in the ...
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 ...
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.