Carvana is benefitting from stronger used car pricing, a more refined loan agreement with Ally Bank, and new reconditioning facilities to help turn inventory over faster. Carvana's 2025 outlook is ...
JPMorgan Chase also said that Carvana should be on the sell-off, though it said the company could do a better job of providing transparency around its gain-on-sale economics. The investment bank ...
In 1990, the elder Garcia pleaded guilty to bank fraud in connection with Charles Keating’s $150 billion savings-and-loans crisis. Carvana and DriveTime are still intertwined in some ways ...
Hindenburg took a short position on Carvana’s stock after conducting research that included interviewing former employees. The report, titled: “Carvana: A Father-Son Accounting Grift for the ...
Carvana went public in 2017 after spinning off from DriveTime. DriveTime was formerly a bankrupt rental-car business known as Ugly Duckling that Garcia II, who pled guilty to bank fraud in 1990 in ...
Carvana stock dropped for the second day in a row after Hindenburg Research disclosed a short position in the company. However, JPMorgan analysts said their own research into Carvana hasn't ...
Carvana's turnaround is overshadowed by its ... broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual ...