Carvana: A Father-Son Accounting Grift For The Ages
Jan 2, 2025 · Carvana prides itself on a “simple, seamless and differentiated used car buying experience”, where customers can purchase cars online rather than in dealership showrooms. The company’s platform has been described as “the Amazon of cars” by Forbes.. In September 2023, amid fears of bankruptcy, the company “aggressively restructured”, working with creditors to slash $1.3 billion of ...
Carvana shares tank after short-seller Hindenburg accuses firm of ...
Jan 2, 2025 · Carvana shares tumbled on Thursday after short seller Hindenburg Research accused the used-car retailer of using shady tactics to create a “mirage” of a turnaround in a bombshell report.
Carvana Stock Slips as Short-Seller Calls Its 2024 ... - Investopedia
6 days ago · 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...
Carvana shares fall after Hindenburg Research calls its …
3 days ago · Shares of Carvana Co. fell 11% on Friday after Hindenburg Research published a report accusing the Tempe-based used car retailer of lax car loan underwriting practices, insider trading and more.
Hindenburg Shorts Carvana, Accusing Firm of ‘Grift for the Ages’
Jan 2, 2025 · Carvana Co. was accused by prominent short-seller Hindenburg Research of impropriety in a report alleging that the auto retailer’s subprime loan portfolio carries substantial risk and its...
Hindenburg Shorts Carvana, Alleging ‘Grift for the Ages’ (1)
Jan 2, 2025 · Carvana Co. was accused by prominent short-seller Hindenburg Research of impropriety in a report alleging that the auto retailer’s subprime loan portfolio carries substantial risk and its growth is unsustainable. Hindenburg took a short position on Carvana’s stock after conducting research that included interviewing former employees. The report, titled: “Carvana: A Father-Son Accounting ...
Hindenburg Short Report Slams Carvana Over Alleged 'Grift'
6 days ago · Activist short-seller Hindenburg Research released a report early in 2025 alleging a variety of manipulations by online car dealer Carvana. ... Hindenburg said that Carvana traded at an 845% premium to its peers on a 1-year forward P/S basis and a 754% premium on a 1-year forward P/E basis. The firm had a net debt of $4.8 billion at the end of ...
Hindenburg Research issues short report on Carvana - update
Hindenburg Research issues short report on Carvana - update Jan. 02, 2025 3:58 PM ET Carvana Co. (CVNA) Stock By: Amy Thielen , SA News Editor 159 Comments Play ( 1min )
Hindenburg Shorts Carvana, Alleging ‘Grift for the Ages’
Jan 2, 2025 · Hindenburg, which has a history of going public with deep research to back short positions, also claimed Carvana manipulated its results by selling cars to DriveTime, a car dealer owned by Ernie...
Hindenburg Research – Investigative Research & Reporting
Jan 2, 2025 · Toggle Navigation Hindenburg Research. Home; About Us; Contact us; X; Carvana: A Father-Son Accounting Grift For The Ages. Published on January 2, 2025 January 3, 2025 Read Report. GET OUR LATEST REPORTS DELIVERED TO YOUR INBOX.
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