Why Carvana Stock Went in Reverse Today

Shares of Carvana (CVNA -11.22%) were heading lower today as investors continued to respond to a short report from Hindenburg Research that accused the online used car dealer of not disclosing related-party transactions, among other things.Carvana, which has gotten frothy after skyrocketing from near-bankruptcy, fell 11% on the news. Carvana faces more questionsIn a lengthy report yesterday, Hindenburg said the company's turnaround was a "mirage," and noted $800 million in loan sales to a suspected undisclo ...