Carvana, a company known for its online car sales, is in hot water. Their stock price has taken a nosedive. Why? A short seller has raised some serious questions about their business practices. First, let's talk about what a short seller is. They're like financial detectives. They look for companie
Carvana, a used-car retailer, saw its stock prices drop recently after a short-seller firm called Hindenburg Research released a report. This report accused Carvana of some serious financial issues. The company was once on the brink of bankruptcy but made a strong comeback, impressing investors and
Hindenburg Research has taken a stand against Carvana, the online used car retailer, claiming that its recent turnaround is not as solid as it seems. On Thursday, Hindenburg revealed that it has bet against Carvana, stating that the company's improved results and cost-cutting measures are being supp
