The Latest Breaking News from Ernest Garcia II

Carvana Drops 14% After $1B Accounting Allegations

Carvana reported record revenue and profit margins while facing volatility from a short report alleging accounting irregularities at related parties.

MarketBeat · Jan 29

Carvana Stock Gained 284% in 2024. This Famous Short-Seller Says It’s Time to Abandon Ship.

Hindenburg Research alleges that Carvana has questionable accounting practices, warning investors to stay away.

Barchart · Jan 9, 2025

Cluster Of Insiders Purchase Carvana, An E-commerce Platform For Buying And Selling Used Cars - Big Insider Trades

A nearly 6% drop in the S&P 500 index last week spurred insider buying with insiders purchasing more than 4 times as much stock as they did the prior week, reversing three weeks of declining purchases.

Benzinga · Jun 21, 2022