Hindenburg Research shorts Carvana, calling company's turnaround a 'mirage' - CNBC

The report centers on Carvana's practice of loan sales as well as the business relationship between CEO Ernie Garcia III and his father, Ernest Garcia II.

By: CNBC

Jan 03 2025
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Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used-car retailer's recent turnaround is a "mirage" that is being propped up by unstable loans … [+2057 chars]

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O'Riley, Lori L. 1961-2024 St. Joseph, Mo.

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