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 ...
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.
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 ...
Carvana stock defies logic, up 5.30% despite accounting accusations. Wild swings and skepticism surround it. What's next for ...
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.