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Carvana, Short-Seller
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.
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 intense criticism from short-seller Hindenburg Research, saying that their own work on the company “has not suggested any red flags.”
Hindenburg Shorts Carvana Stock, Claims Used Car Retailer's Turnaround Is A 'Mirage' (UPDATED)
Short seller Hindenburg Research is betting against Carvana Co (NYSE:CVNA) 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
3h
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
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
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 Co.: Positive Outlook Amid Short Seller Concerns and Improved Profitability
BTIG analyst Marvin Fong maintained a Buy rating on Carvana Co (CVNA – Research Report) yesterday and set a price target of $295.00.Don't Miss ...
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