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 ...
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 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’s shares declined 1.9% at the close in New York. The stock surged 284% last year as improving results increased optimism that the company was on the right track after worries about its ...
The goal is pretty simple this season for the East Meadow boys basketball team ... His work has appeared in The New York Times, MLB.com and Baseball Digest magazine.
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 ...
Two people were killed in a car crash on the Southern State Parkway in North Massapequa, according to New York State Police ... broke out on Cooper Drive in East Meadow, according to the Nassau ...
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 ...
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.
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 ...
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.