Short seller Hindenburg Research accused Carvana of accounting manipulation and unstable loans. The company denies the allegations.
A research company that targets stocks for short selling has just released a report accusing Carvana of serious misconduct.
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.
On Wednesday, the firm's founder Nate Anderson divulged that Hindenburg is to be disbanded following the last of its "Ponzi ...
according to a former Carvana leader who spoke to Hindenburg Research. Another director told the group, “As a related party, ...
Carvana stock defies logic, up 5.30% despite accounting accusations. Wild swings and skepticism surround it. What's next for ...
From a long-term perspective, Carvana stock is well above its 20-month moving average indicating that the stock remains in a ...
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 ...
Why has the US short-seller, Hindenburg Research, which stung such corporate empires as Gautam Adani’s, shut shop? ‘We shook ...
Hindenburg Research, an upstart research and investment firm that made a name for itself with several successful short bets, ...
For the last half-decade or so, the last thing any CEO wanted to was to see their company’s name in print alongside ...