prior to the share price’s low period in 2022 and 2023, and sold an additional $1.4 billion over the past year as the stock recovered, Hindenburg said. Shares of Carvana finished down almost 2% ...

Carvana's recovery from trading for less than $5 and nearly bankrupt at the end of 2022, to $268 a share a few weeks ago, has been nothing less than dramatic. Along the way, Carvana's valuation ...

The auto retailer had to fight used car price declines of 7% YoY in 2023 and 15% YoY in 2022 ... in the company’s commercial fleet partnerships; and waning concerns over Carvana’s (NYSE ...

In 2022, the company also bought a major auction company, Adesa, which sells massive volumes of cars to dealers around the country. During the pandemic, Carvana was paying big prices to help make ...

Shares of online used car dealer Carvana (NYSE: CVNA) fell 11% in the afternoon session after short seller Hindenburg Research published a report accusing the company of "accounting manipulation ...

On Wednesday, Carvana announced a new expansion in the Atlanta area, retooling a wholesale vehicle lot it purchased in 2022 in Fairburn ... economic development and commercial real estate for ...

The report, titled: “Carvana: A Father-Son Accounting Grift for the Ages,” makes several claims, including that Carvana has lax underwriting standards and uses a company owned by the father of ...

Shares of Carvana Co. tumbled after an investment firm issued an inflammatory report about the online car retailer that alleges accounting manipulations, questionable insider stock sales and other ...