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Carvana shares tank
Carvana Shares Plummet After Scathing Report by Hindenburg Research Accuses Firm of Financial Manipulation
Hindenburg Research's report on Carvana causes its shares to drop 11% amid accusations of poor practices and financial manipulation.
Carvana shares tank after short-seller Hindenburg accuses firm of ‘grift for the ages’
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. Hindenburg — whose report on companies run by Indian billionaire Gautam Adani led to a federal indictment of the mogul last year — said it took a short position on Carvana after extensive document review and nearly 50 interviews with industry experts.
Explosive Report Accuses ‘Toxic’ Carvana of Being a ‘Grift for the Ages’
There’s a fresh twist in the saga of online used car retailer Carvana, which emerged from the rubble of its post-pandemic implosion in curiously good shape. With competitor Vroom’s 2024 shuttering still fresh in our minds,
3h
Carvana: This Slide Is A Great Buying Opportunity (Rating Upgrade)
Carvana has seen weakness in January after a short report from Hindenburg. Read why one should take advantage of the downside ...
16h
Carvana Extends Loan Sale Deal With Ally, Refuting Short Report
Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in ...
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14h
Carvana gains another $4B in financing through Ally
While the online retailer is facing much criticism and serious allegations from the investment community, Carvana gained more ...
17h
What's Going On With Carvana Stock Monday?
Carvana Co (NYSE:CVNA) shares are trading higher Monday after a company subsidiary amended an agreement to reestablish a $4 ...
3d
on MSN
Carvana father-son duo lose hundreds of millions of dollars in net worth after short-seller report
Shares are down about 6% today, a day after the report—and the father-son duo behind Carvana saw their wealth dip, too, on ...
10h
Why Are Carvana (CVNA) Shares Soaring Today
Shares of online used car dealer Carvana (NYSE: CVNA) jumped 5.6% in the morning session after the company announced new ...
17h
Carvana’s $4B loan purchase Ally deal should allay some concerns, says Baird
Carvana (CVNA) announced the renewal of an agreement with Ally Financial (ALLY) to buy up to $4B of auto finance receivables between January 3, ...
3d
In Short Seller’s Crosshairs: A Former VP And Trump Billionaire Ally
Hindenburg Research is targeting used car juggernaut Carvana in its latest investigation, which also takes aim at former veep ...
3d
Hindenburg Research short on used-car retailer Carvana
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
3d
on MSN
Why Carvana Stock Went in Reverse Today
Shares of Carvana ( CVNA -11.22%) were heading lower today as investors continued to respond to a short report from ...
3d
on MSN
Here are the reasons not to worry too much about short-seller report on Carvana, according to these analysts
Analysts at J.P. Morgan sought to assuage investors on Friday about Carvana Co. after the online used-car sales platform drew ...
11h
CVNA ACTIVE INVESTIGATION: Contact Levi & Korsinsky if You Lost Money on Your Carvana Co. Investment
NEW YORK, NY / ACCESSWIRE / January 6, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Carvana Co.
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