Carvana has been on fire lately. In the past six months alone, the company’s stock price has rocketed 97%, reaching $243.09 ...
Just after a report called the company a 'grift', Carvana might be setting aside a fund for customers who bought cars in the ...
An online used car dealer based in Arizona will pay more than a million dollars to settle customer complaints in Connecticut.
It also generated a lot of media buzz with its vehicle "vending machine" towers. But by Dec. 27, 2022, Carvana's stock price had sunk to an all-time low of $3.72. Used car prices plummeted as the ...
Officials say Attorney General William Tong will announce a settlement with online used car dealer Carvana Tuesday following ...
Bank of America Securities analyst Mike McGovern has maintained their bullish stance on CVNA stock, giving a Buy rating on January 16.Invest ...
The company is known for its multistory vehicle “vending machines,” such as one located just north of Loop 202 in Tempe and another in Glendale. Carvana shares have dropped about 20% from ...
Tong said in an email that the settlement establishes a $1 million consumer restitution fund, in addition to a $500,000 ...
A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and questionable partnerships with third parties to inflate performance.