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from24/7 Wall St.
3 days ago

$1 Billion Accounting Questions Cloud Carvana's 44% Sales Surge

Over the past month, investors have seen Carvana (NYSE:CVNA) shares fall over 20%, while retail investor sentiment on Reddit and X shifted from cautious optimism to deeply bearish. The stock trades a little over $360 today, down from almost $490 weeks earlier. The selloff intensified after Gotham City Research published a report at the end of January, alleging that Carvana overstated earnings by more than $1 billion through undisclosed related-party transactions with DriveTime and Bridgecrest.
Business
E-Commerce
from24/7 Wall St.
4 days ago

Carvana Can't Stop Falling. Is This Where the Wheels Finally Come Off?

Carvana faces allegations of overstating earnings by over $1 billion through undisclosed related-party transactions, triggering sharp share declines and investor concern.
Business
from24/7 Wall St.
2 weeks ago

Carvana Plunges 15% As Ghost of "Accounting Grift" Allegations Haunts Car Dealer

Carvana faces allegations that undisclosed related-party transactions controlled by its largest shareholder inflated earnings by over $1 billion and masked financial dependencies.
Business
from24/7 Wall St.
2 months ago

Wall Street is Pounding the Table Over Carvana, Nvidia and Five Below

Carvana joins the S&P 500 on December 22, prompting buy ratings and price targets; Nvidia and Five Below receive bullish analyst coverage.
Business
from24/7 Wall St.
3 months ago

Is Carvana (CVNA) Actually In Trouble?

Carvana posted record Q3 revenue of $5.6 billion with 155,941 retail units sold, but missed EPS expectations amid rising delinquencies and operational costs.
E-Commerce
from24/7 Wall St.
3 months ago

Earnings Live: Complete Carvana (CVNA) Q3 Coverage

Carvana's recent efficiency gains and record margins face scrutiny over durability as revenue and EPS expectations rise amid normalized growth.
Business
from24/7 Wall St.
4 months ago

Is Carvana One of the "Cockroaches" Jamie Dimon Just Warned Us About?

Hidden private-credit risks and rising auto-loan delinquencies threaten non-bank lenders; Carvana's high leverage and fragile equity make it vulnerable in an economic downturn.
Business
from24/7 Wall St.
4 months ago

After Carmax Plunges to 52-Week Low -- Is Carvana Next to Fall?

Carmax missed Q2 estimates with falling used-car sales and rising loan losses, while Carvana reported soaring sales and profits, producing divergent stock moves.
Cars
from24/7 Wall St.
4 months ago

Carvana's New Dealership Gamble: An Inventory Lifeline or Dealership Disaster?

Carvana is entering franchise new-car retail by acquiring Park Cities Chrysler Dodge Jeep Ram, risking operational complexity while pursuing trade-in volume and CPO resale benefits.
Cars
from24/7 Wall St.
4 months ago

Is This the Hidden Risk That Ends Carvana's Historic Surge?

Carvana's dramatic stock rebound, driven by retail investor hype, masks risky subprime loan delinquencies and heavy debt that threaten the company's recovery.
Cars
from24/7 Wall St.
5 months ago

I'm Selling My New Car Before Moving to NYC - Here's How I Plan to Handle It

Nearly new cars often sell for about 84–85% of purchase price; accepting dealer offers yields convenience while private sales may recover higher value.
from24/7 Wall St.
6 months ago

Carvana Surged 8,200% in 2+ Years. Is Amazon About to Wreck Its Rally?

The stock trades at $350.74 per share, fueled by a rebound in used-car demand, cost-cutting measures, and record-breaking second-quarter results with $4.84 billion in revenue and GAAP operating income of $511 million - up over 100% from the year-ago period.
Cars
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