The prolific short-seller Hindenburg Research has begun 2025 with a bang by publishing a scathing report against Carvana (CVNA), a platform for buying and selling used cars. Interestingly, even as Carvana's stock continues to get hammered, the company has managed to receive qualified aid from an unexpected quarter - the Wall Street titan JP Morgan. NEW FROM US: Carvana—A Father-Son Accounting Grift For The Ages t.co/Ew1dAPCCmf $CVNA (1/x) — Hindenburg Research (@HindenburgRes) January 2, 2025 For the benefit of those who might not be aware, Hindenburg Research has raised several red flags in relation to Carvana's business model in a report […]
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