JPMorgan Sticks With Outperform Call on Carvana Despite Short-Seller Report
Carvana (CVNA) shares continued their slide Friday after short-selling firm Hindenburg Research declared a short position in the company, but JPMorgan analysts stuck with their "overweight" call on the used-car retailer.
Here are the reasons not to worry too much about short-seller report on Carvana, according to these analysts
J.P. Morgan says its own deep dives on Carvana have not uncovered “any red flags.”
ATTENTION CVNA SHAREHOLDERS: Investors who Lost Money on Carvana Co. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation
NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Carvana Co. ("Carvana Co.") (NYSE:CVNA) concerning possible violations of federal securities laws. On January 2, 2025, Carvana became the subject of a report published by Hindenburg Research.
Carvana Co Is Being Investigated For Securities Law Violations And Affected Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / January 3, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Carvana Co. ("Carvana" or "the Company") (NYSE:CVNA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Hindenburg Short Report Slams Carvana Over Alleged 'Grift'
Polarizing activist short-seller Hindenburg Research—known for its bombshell reports alleging corporate fraud and other malfeasance by companies including Nikola Corp. NASDAQ: NKLA and India's Adani Group—published on January 2, 2025, an article about its latest target: Carvana Co. NYSE: CVNA.
CVNA Short Seller Report & Nippon Takeover of U.S. Steel Blocked
Carvana (CVNA) traded down after Hindenburg Research called the company's turnaround a "mirage." Hindenburg accuses Carvana of shoring up its numbers through "related-party accounting games.
Levi & Korsinsky Reminds Shareholders of an Investigation into Carvana Co. (CVNA) Regarding Potential Securities Fraud Allegations
NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Carvana Co. ("Carvana Co.") (NYSE:CVNA) concerning possible violations of federal securities laws. On January 2, 2025, Carvana became the subject of a report published by Hindenburg Research.
Carvana Stock Falls. JPMorgan, Others Defend Used-Car Retailer From Short Report.
Wall Street came to the used-car retailer's defense Friday after it was subject to a short seller attack.
Carvana Chart Weakens As Momentum Indicators Turn Bearish, Short Report Hits
Carvana Co. CVNA has been a rollercoaster for investors, with a jaw-dropping 327% rally over the past year overshadowed by a 21.97% dip in the last month.
US used car seller Carvana hits back at incendiary Hindenburg Research
American used car specialist Carvana has hit back at an incendiary report by Hindenburg Research, the short-seller, calling it intentionally misleading and inaccurate. The research pulls few punches on significant risks in its subprime loan portfolio and unsustainable growth.
Carvana Rejects Hindenburg Research Allegations of ‘Accounting Grift'
Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift” at the firm.
Carvana Stock Slips as Short-Seller Calls Its 2024 Turnaround a 'Mirage'
Shares of Carvana (CVNA) slid Thursday as short-selling firm Hindenburg Research disclosed a short position in the online used-car retailer.
