Even before its purchase of ADESA’s U.S. auctions in 2022, Carvana was already a major player in the wholesale auto industry ...
Hindenburg Research, a well-known short seller, has targeted Carvana with allegations that its recent financial recovery is built on shaky foundations. The firm accused Carvana of relying on ...
Carvana operates 17 inspection and reconditioning centers and has access to 56 Adesa locations since acquiring the company in 2022. The future megasite in Fairburn will have nearly 12,000 parking ...
JPMorgan analyst Rajat Gupta raised the firm’s price target on Carvana (CVNA) to $350 from $300 and keeps an Overweight rating on the shares.
Carvana Co. possesses numerous talking points going into 2025. The nature of Carvana and DriveTime's business relationship warrants attention. The velocity of recent insider stock sales might be ...
Connecticut residents who bought a car from Carvana may be eligible for money after the online car retailer agreed to a settlement establishing a $1 million customer restitution fund. The ...
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 ...
(Bloomberg) -- Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that ...