Carvana has been on fire lately. In the past six months alone, the company’s stock price has rocketed 97%, reaching $243.09 ...
Tong said in an email that the settlement establishes a $1 million consumer restitution fund, in addition to a $500,000 ...
A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and ...
Bank of America Securities analyst Mike McGovern has maintained their bullish stance on CVNA stock, giving a Buy rating on January 16.Invest ...
An online used car dealer based in Arizona will pay more than a million dollars to settle customer complaints in Connecticut.
Officials say Attorney General William Tong will announce a settlement with online used car dealer Carvana Tuesday following ...
Hindenburg Research, a well-known short seller, has targeted Carvana with allegations that its recent financial recovery is built on shaky foundations. The firm accused Carvana of relying on ...
It also generated a lot of media buzz with its vehicle "vending machine" towers. But by Dec. 27, 2022, Carvana's stock price had sunk to an all-time low of $3.72. Used car prices plummeted as the ...
Analysts at J.P. Morgan sought to assuage investors on Friday about Carvana Co. after the online used-car sales platform drew intense criticism from short-seller Hindenburg Research, saying that ...