Why Carvana Stock Motored 9% Higher This Week
Carvana (CVNA) The Motley Fool·2025-01-11 07:15
Hindenburg made a clutch of fairly heavy accusations against Carvana and its management. The short-seller claimed that more than one-quarter of the company's gross profit comprised sales of client auto loans to third- party entities, among other transgressions. 2025 didn't necessarily start out well for sprawling vehicle retailer Carvana's (CVNA -2.00%) stock, but it's recovered quite well in recent days. A clutch of analysts following the company didn't hesitate to defend it after a short-seller issued a h ...