A stock is considered to be oversold if the RSI reading falls below 30. In trading on Tuesday, shares of Carvana Co (Symbol: CVNA) entered into oversold territory, hitting an RSI reading of 28.6 ...
The general mood among these heavyweight investors is divided, with 31% leaning bullish and 45% bearish. Among these notable ...
Carvana stock slid Thursday after short-seller Hindenburg Research revealed a short position in the company. The firm said Carvana's significant turnaround in 2024 is a "mirage" built in part on ...
Carvana slammed by Hindenburg, and the stock pauses its meteoric rise Carvana’s turnaround is ‘a mirage,’ short seller says Last Updated: Jan. 2, 2025 at 7:55 p.m. ET First Published: Jan. 2 ...
Analysts at J.P. Morgan sought to assuage investors on Friday about Carvana Co. after the online used-car sales platform drew intense criticism from short-seller Hindenburg Research, saying that ...
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 ...
Carvana Co. possesses numerous talking points going into 2025. The nature of Carvana and DriveTime's business relationship warrants attention. The velocity of recent insider stock sales might be ...
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's turnaround is overshadowed by its inflated valuation and questionable financial practices, making it a risky investment despite recent profitability and growth. Carvana's GPU calculation ...
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.
Get the latest car news, reviews, and features.