Carvana Co's CVNA stock is up over 8.4% at last check Thursday, bringing its price to over $232 a share.Just two weeks ago, the used car retailer was reeling from accusations of fraudulent accounting, thanks to a scathing report from short-seller Hindenburg Research. Today, its share price is accelerating upwards like it’s on a joyride.It’s worth noting that Carvana's stock spiked 428.75% in the past year. Last month? Not so much—it was down 12.57%.Hindenburg Research, infamous for calling out the likes of ...

The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Carvana Co. For Securities Fraud ...

In the latest trading session, Carvana (CVNA) closed at $195.19, marking a +0.35% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.12%. Meanwhile, the Dow experienced a rise of 0.52%, and the technology-dominated Nasdaq saw a decrease of 0.23%.The company's stock has dropped by 23.95% in the past month, falling short of the Retail-Wholesale sector's loss of 4.43% and the S&P 500's loss of 3.45%.Analysts and investors alike will be keeping a close eye on the perf ...

Company Overview - The account is managed by Noah's Arc Capital Management, which aims to provide Wall Street-level insights to main street investors [1] - The research focus is primarily on 20th-century stocks (old economy) undergoing a 21st-century transformation, with occasional coverage of companies that facilitate such transformations [1] - The firm seeks innovations in business models that can cause significant stock price changes [1] Research Focus - The research primarily targets companies in the old economy that are undergoing modern transformations [1] - Occasionally, the firm also covers companies that assist in transforming traditional 20th-century firms [1] Authorship and Disclosure - The article is written by Noah Cox, the managing partner of Noah's Arc Capital Management, and his views may not necessarily reflect those of the firm [3] - The article is for informational purposes only and is not intended as investment advice [3]

Core Viewpoint - Carvana's stock has shown recovery after a critical report from a short-seller, with analysts defending the company and some upgrading their recommendations, leading to a 9% increase in share price [1]. Group 1: Short-Seller Report - Hindenburg Research issued a critical report on Carvana, titled "Carvana: A Father-Son Accounting Grift For the Ages," targeting CEO Ernie Garcia III and his father Ernest Garcia II [2]. - The report accused Carvana's management of significant issues, claiming that over 25% of the company's gross profit came from selling client auto loans to third parties [3]. Group 2: Analyst Responses - Analysts from Needham and JPMorgan Chase defended Carvana, maintaining their buy recommendations despite the negative report [4]. - RBC Capital and Citigroup also upgraded their recommendations to buy, with Citigroup noting Carvana's effective inventory expansion to meet market demands [5].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

After a stellar 2024, which saw Carvana's (CVNA) stock skyrocket over 300%, the online used-car e-retailer had a tumultuous start in 2025. Shares of CVNA have seen wild price action after Hindenburg Research disclosed a short position in the company last Thursday. The stock dropped below $200 on Jan. 2 for the first time since October, and extended losses on Jan. 3, plunging to $177. However, CVNA rebounded on Monday after the announcement of a significant $4 billion loan deal with Ally Financial (ALLY) , w ...

Carvana (CVNA) stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that has pulled the online used-car retailer from the brink of bankruptcy. Shares soared to an all-time high of more than $370 in August 2021 as COVID-19 lockdowns and stimulus checks fueled a surge in used-car sales. The tides turned when inflation began to accelerate and consumers' pandemic savings dwindled. The company's share price fell 99% to a closing low of $3.72 in December ...

Shares of Carvana (CVNA 4.50%) were climbing for the second day in a row today after Wall Street analysts continued to line up behind the stock after a short-seller attacked it last week.As a result, the online used car dealer stock was up 7% as of 11:02 a.m. ET. Carvana bounces backLast week, short-seller Hindenburg Research attacked the company, saying that Carvana had undisclosed related-party transactions and that the stock was grossly overvalued. It called the stock's recovery "a mirage." After the sto ...

Shares of Carvana Co (NYSE:CVNA) are surging today, up 4.9% at $198.14 at last glance, after an upgrade from RBC to "outperform" from "sector perform," with a price-target hike to $280. The firm cited the stock's recent pullback as a buying opportunity, and noted the potential for retail sales growth. CVNA is down roughly 20% in the last month after falling from its Nov. 25 four-year high of $268.34. Regardless, the stock still carries a strong 314.9% year-over-year gain, and just bounced off support at the ...