That’s important because DriveTime is the loan servicer for Carvana. The two companies share revenue generated through those loans and sometimes they sell cars to one another. As a result of its ...
The short-selling investment company behind the exposés that took down Nikola and Lordstown Motors has another automotive target in its sights. Hindenburg Research has just released a scathing ...
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 ...
ADESA Atlanta's efficient transition to an auction-IRC Megasite will be enabled by the site’s significant existing footprint and infrastructure as well as by its adoption of Carvana’s proprietary ...
Carvana also got some help from the senior Garcia selling some of its cars to DriveTime — his son’s car dealership — at a premium instead of having to mark down the price, Hindenburg said.
Shares of Carvana Co. (NYSE:CVNA – Get Free Report) gapped down prior to trading on Friday following insider selling activity. The stock had previously closed at $199.56, but opened at $188.20.
Shares of Carvana (CVNA) slid Thursday as short-selling firm Hindenburg Research disclosed a short position in the online used-car retailer. Carvana stock nearly quadrupled in value in 2024 due to ...