Carvana: A Father-Son Accounting Grift For The Ages
Jan 2, 2025 · Despite facing bankruptcy risks in 2022 and 2023, Carvana’s stock spiked 284% in 2024, with investors believing the company’s worst days are behind it.
Carvana slammed by Hindenburg, and the stock pauses its …
Jan 2, 2025 · Carvana Co. stock closed about 2% lower on Thursday after a scathing short-seller report called the company’s turnaround a “mirage,” after initially adding to gains that have …
Carvana shares tank after short-seller Hindenburg accuses firm of ...
Jan 2, 2025 · 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 …
Carvana Stock Wobbles as Hindenburg Alleges Financial …
Jan 3, 2025 · In the report, Hindenburg alleges that the $44-billion online car dealer's stock spike of 284% throughout 2024, which some investors have hailed as a major turnaround following …
Why Carvana Stock Went in Reverse Today - Yahoo Finance
Jan 3, 2025 · In a lengthy report yesterday, Hindenburg said the company's turnaround was a "mirage," and noted $800 million in loan sales to a suspected undisclosed related party, as …
Hindenburg Report Looms as Carvana Battles Technical …
Jan 15, 2025 · Carvana’s 50-day moving average turned bearish last week as the stock tested $175. Since then, shares have rallied to $212, but short-term resistance from its 20-day …
Carvana Stock Slips as Short-Seller Calls Its 2024 ... - Investopedia
Jan 2, 2025 · 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 …
Carvana Stock Volatile After Hindenburg Short Report That …
Jan 2, 2025 · In a report entitled “Carvana: A Father-Son Accounting Grift For Ages,” and released Thursday, short-seller Hindenburg Research said the company’s turnaround is a …
Hindenburg Shorts Carvana, Alleging ‘Grift for the Ages’
Jan 2, 2025 · (Bloomberg) -- Carvana Co. was accused by prominent short-seller Hindenburg Research of impropriety in a report alleging that the auto retailer’s subprime loan portfolio …
Hindenburg shorts Carvana, calls turnaround a 'mirage'
Jan 2, 2025 · Shares of Carvana closed Thursday at $199.56, down 1.9% – marking its first close under $200 per share since October. The stock increased nearly 300% in 2023, as the …