Shares of Carvana plummeted after short-seller Gotham City Research accused the used-car seller of artificially inflating its ...
Gotham said that it sees concerns around accounting, disclosure, and business practices at Carvana that will lead to regulatory trouble. ・Meanwhile, JPMorgan expects Carvana to report a "solid beat ...
Firm releases report questioning related-party arrangements as online auto dealer has reported a surge in profitability ...
Carvana Co. is downgraded from Strong Buy to Hold due to rising risks in its loan-dependent business model. CVNA's Q3 earnings beat expectations, but over 100% of net income came from gains on the ...
Carvana (NYSE:CVNA) released its third-quarter earnings report last week, revealing record revenue of $5.6 billion, up 55% year-over-year, driven by 155,941 retail units sold, a 44% increase. However, ...
Carvana Co. (NYSE:CVNA) shares are trading lower in the premarket session on Wednesday. The company has unveiled plans to integrate an auction and reconditioning ‘Megasite' in central New Jersey. The ...
Carvana Co. raises “lots of red flags,” especially after the recent implosion of auto lender Tricolor Holdings, says famed short-seller Jim Chanos, who has singled out the online car retailer over the ...
However, if an issue gets severe enough, or if there’s little interest in the car on offer, car owners can find it difficult to get a decent price for their vehicle. The internet is filled with ...
Carvana stock is outperforming companies like Nvidia, Google, Apple, Tesla and Meta in terms of annual percentage gains. The used car retailer's share price is up over 95% year-over-year as of Dec. 10 ...
Buying a car in America is usually a hellish experience involving pushy salespeople, mysterious fees, and hours-long financing negotiations. That’s something Carvana aimed to solve with its online ...
(Reuters) -Used car retailer Carvana reported higher third-quarter profit and revenue on Wednesday, aided by strong demand for preowned vehicles. Demand for used vehicles has remained strong as ...
Carvana (CVNA) reported record Q3 revenue of $5.6B but missed earnings expectations at $1.03 per share versus $1.30 expected. Carvana’s loan portfolio is 44% nonprime borrowers and its 60-day prime ...