Hindenburg Research shorts Carvana, calling company’s turnaround a ‘mirage’
CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Caravan on Thursday, claiming the online used-car retailer’s recent turnaround is a “mirage” that is being propped up by unstable loans and accounting manipulation. The report, called “Carvana: A Father-Son Accounting Grift For The Ages,” centers on Carvana’s practice […]