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Carvana Stock Slips
Carvana Stock Slips as Short-Seller Calls Its 2024 Turnaround a 'Mirage'
Key Takeaways 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 selling its customer loans.
Hindenburg short Carvana, calls turnaround ‘a mirage’
Carvana’s (CVNA) stock spiked 284% in 2024 despite facing bankruptcy risks in 2022 and 2023, with “investors believing the company’s worst days
Carvana shares fall after Hindenburg Research calls company’s turnaround ‘a mirage'
Hindenburg Research on Thursday published the report, entitled “Carvana: A Father-Son Accounting Grift for the Ages,” which the investment research firm says it compiled from extensive research and 49 interviews with former Carvana employees,
Hindenburg Shorts Carvana Stock, Claims Used Car Retailer's Turnaround Is A 'Mirage'
Short seller Hindenburg Research is betting against Carvana with the stock up more than 300% over the past year. Despite the bearish report, shares are moving higher on Thursday. Here’s a look at what you need to know.
2d
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 ...
Hoodline
4h
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 ...
2d
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 ...
2d
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 ...
2d
on MSN
JPMorgan Sticks With Outperform Call on Carvana Despite Short-Seller Report
Carvana shares continued their slide Friday after short-selling firm Hindenburg Research disclosed a short position in the ...
2d
on MSN
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 ...
2d
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 ...
1d
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 ...
2d
Carvana slammed by Hindenburg, and the stock pauses its meteoric rise
Carvana Co. stock closed about 2% lower on Thursday after a scathing short-seller report called the company’s turnaround a ...
2d
Carvana (CVNA) Sinks for Second Day on Negative Report
Carvana’s (CVNA) shares are retreating for a second straight day after a short seller issued a negative report about the firm ...
2d
Carvana should be bought on short report selloff, says JPMorgan
JPMorgan believes the major Carvana (CVNA)-specific fundamental concern that Hindenburg Research’s short report highlighted is the unrealistic ...
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