Hindenburg Research is targeting used car juggernaut Carvana in its latest investigation, which also takes aim at former veep ...

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 tumbling.

LOS ANGELES, CA / ACCESS Newswire / February 3, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is ...

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.

At the core of Hindenburg's report is an allegation that Carvana engaged in accounting manipulation and lax loan underwriting to give the appearance of income growth in recent quarters.

Carvana stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that has pulled the online used-car retailer from the brink of bankruptcy.

Carvana faces challenges as subprime delinquencies rise and consumer spending slows. Learn why CVNA stock could struggle with ...

Carvana shares continued their slide Friday after short-selling firm Hindenburg Research disclosed a short position in the company, but JPMorgan stuck with an "overweight" call on the used-car ...