Carvana lending fears continue to be overblown, says JPMorgan
1 day ago · JPMorgan says that following Hindenburg Research’s short report on Carvana (CVNA), the key debates are now centered around four topics: Ally Financial (ALLY) partnership viability and new loan ...
Carvana Extends Loan Sale Deal With Ally, Refuting Short Report
1 day ago · Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that counters one claim ...
Carvana father-son duo lose hundreds of millions of dollars in net ...
4 days ago · Carvana is a Fortune 500 company, No. 377, to be exact.Carvana made a name for itself by transforming the used-car buying experience, namely via its giant car vending machines. People can search ...
Carvana gets its first upgrade since Hindenburg short-selling report
1 day ago · Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker upgrade since then which says the controversy has sparked a buying ...
Carvana Stock Slips as Short-Seller Calls Its 2024 Turnaround a …
5 days ago · Carvana stock slid Thursday after short-seller Hindenburg Research revealed a short position in the company. The firm said Carvana's significant turnaround in 2024 is a "mirage" built in part on ...
Carvana posts first-ever annual profit after it cuts debt, shares surge
Feb 22, 2024 · Carvana reported its first-ever annual profit on Thursday, helped by its pact with bondholders to cut its outstanding debt by $1 billion, sending the used car retailer's stock up …
A year after bankruptcy concerns, Carvana is leaner and ready for …
Feb 2, 2024 · PHOENIX – As layoffs and cost cuts roil Wall Street, from retail and shipping to tech and media, embattled online used car sales giant Carvana says its own restructuring is in the rear view....
Carvana stock surges 40% after it reaches a massive debt ... - CNN
Jul 19, 2023 · Shares of Carvana, the online used-car seller known for its tall, glass car-vending machines, closed the trading day on Wednesday up by more than 40% after the company reached a debt...
Carvana, Used Car Dealer, Reaches Deal to Restructure Debt
Jul 19, 2023 · Carvana, the troubled used car retailer, announced on Wednesday that it had reached a debt restructuring agreement with most of its bondholders in an effort to lower interest payments over at...
Carvana Announces Industry-Leading Third Quarter 2024 Results
Oct 30, 2024 · PHOENIX -- (BUSINESS WIRE)-- Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter ended September 30, 2024.