Carvana Stock Was Just Hit With a New Short Report. Should You Buy the Dip?

Carvana (CVNA) shares closed down more than 14% on Jan. 28 after Gotham City Research issued a short report against the online used car retailer. Gotham accused Carvana of more than $1 billion in overstated earnings for 2023-2024. More News from Barchart Despite a sharp decline on Wednesday, Carvana stock remains up some 40% versus its November low. www.barchart.com What Gotham Alleged in Short Report Against Carvana Stock According to Gotham City Research, the NYSE-listed firm’s celebrated “turnarou ...