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408 Carvana Shares Drop 2% After Hindenburg Allegations

The Information
Abram Brown @ The Information 2 place · 01/02/2025 18:00 EDT

Shares of Carvana fell 2% after a short-selling research firm, Hindenburg Research, published a report alleging that the publicly traded online car dealer has weak underwriting standards and an increasingly risky portfolio of subprime loans. The report focused on the role played by the ...

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