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Hindenburg Research issues short report on Carvana
Carvana Defended by JPMorgan After Hindenburg Short Report. Stock Falls Anyway.
Carvana fell again Friday a day after short-seller Hindenburg Research criticized the used-car retailer in an extensive report even as Wall Street rushed in to defend the company. Hindenburg said it took a short position in Carvana’s shares,
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 of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Carvana shares fall after Hindenburg Research calls company’s turnaround ‘a mirage'
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, insider trading and accounting manipulation to artificially inflate its bottom line.
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 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 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
9h
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 ...
3d
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 ...
2d
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 (CVNA) Stock Trades Down, Here Is Why
Shares of online used car dealer Carvana (NYSE: CVNA) fell 11% in the afternoon session after short seller Hindenburg ...
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 ...
2d
Carvana Chart Weakens As Momentum Indicators Turn Bearish, Short Report Hits
Carvana stock has seen a rollercoaster ride for investors, with a huge rally but also a recent dip. Its stock chart shows a ...
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