Carvana's stock is up 4.19% today despite Hindenburg's fraud allegations and recent sell-offs. Despite questionable fundamentals, Carvana’s technicals signal bullish momentum, but risks loom ...
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.
Carvana (NYSE: CVNA) has likely minted some millionaires since its initial public offering. The online used vehicle marketplace went public at $15 on April 28, 2017, and its stock price ...