A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and ...
A research company that targets stocks for short selling has just released a report accusing Carvana of serious misconduct.
Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker upgrade since then which says the controversy has sparked a buying ...
From a long-term perspective, Carvana stock is well above its 20-month moving average indicating that the stock remains in a ...
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.
For the last half-decade or so, the last thing any CEO wanted to was to see their company’s name in print alongside ...
Carvana stock defies logic, up 5.30% despite accounting accusations. Wild swings and skepticism surround it. What's next for ...
Shares of Carvana Co. fell 11% on Friday after activist short seller Hindenburg Research published a report accusing the Tempe-based used car retailer of lax car loan underwriting practices ...
On Wednesday, the firm's founder Nate Anderson divulged that Hindenburg is to be disbanded following the last of its "Ponzi ...
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.
At the core of Hindenburg's report is an allegation that Carvana engaged in accounting manipulation and lax loan underwriting to give the appearance of income growth in recent quarters.
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 ...