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.
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.
2don MSN
Shares are down about 6% today, a day after the report—and the father-son duo behind Carvana saw their wealth dip, too, on ...
Hindenburg Research's report on Carvana causes its shares to drop 11% amid accusations of poor practices and financial ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Short seller Hindenburg Research on Thursday accused Carvana of running an “accounting grift for the ages” in a bombshell ...
Hindenburg Research is targeting used car juggernaut Carvana in its latest investigation, which also takes aim at former veep ...
Shares of Carvana ( CVNA -11.22%) were heading lower today as investors continued to respond to a short report from ...
Carvana Co. was accused by prominent short-seller Hindenburg Research of impropriety in a report alleging that the auto ...
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback