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Is the Market Overreacting to Carvana’s (CVNA) Subprime Exposure? Needham Thinks Otherwise.
Yahoo Finance· 2025-10-31 22:50
Carvana Co. (NYSE:CVNA) is one of the best stocks to buy according to Citadel LLC. The company has recently been the subject of speculation about its financial health. In an October 22 interview on Bloomberg, well-known short seller Jim Chanos said the company raised “lots of red flags” after subprime auto lender and used-car retailer, Tricolor Holdings, filed for bankruptcy around September 10. Chanos, who has been short or held a negative stance on Carvana for a long time, argues that it is hard to belie ...