Nearly all said the company was not responsive in dealing with problems. “Today’s settlement puts money back in the pockets of Carvana customers who were wronged,” Tong said in a statement.

Carvana faces challenges as subprime delinquencies rise and consumer spending slows. Learn why CVNA stock could struggle with ...

Carvana refuted the report in comments sent ... an Arizona manufacturer of hydrogen and electric big-rig trucks, exposed problems that led to a prison sentence for fraud against the company ...

Two years ago, it appeared Carvana's future was full of empty used-car vending machines. The online auto retailer's stock was near worthless, fueled by massive financial losses and legal problems ...

Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices, making it a risky investment despite recent profitability and growth. Carvana's GPU calculation ...

Almost all of the complaints stated that consumers had difficulty getting Carvana to respond to problems. Carvana is an online used car dealer, although they do have some physical locations ...

Hindenburg took a short position on Carvana’s stock after conducting research that included interviewing former employees. The report, titled: “Carvana: A Father-Son Accounting Grift for the ...

Carvana slammed by Hindenburg, and the stock pauses its meteoric rise Carvana’s turnaround is ‘a mirage,’ short seller says Last Updated: Jan. 2, 2025 at 7:55 p.m. ET First Published: Jan. 2 ...

Carvana stock slid Thursday after short-seller Hindenburg Research revealed a short position in the company. The firm said Carvana's significant turnaround in 2024 is a "mirage" built in part on ...

Carvana (CVNA) stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that has pulled the online used-car retailer from the brink of ...

Carvana may be a house of cards. That’s according to investment research and activist short-selling firm Hindenburg Research (never a good sign to be the subject of ire from a company named ...