Carvana shares came under heavy pressure on Wednesday following newly circulated allegations tied to the online retailer’s ...

Carvana stock fell about 20% on Wednesday after a short-seller report alleged the company's earnings depended on shaky loans ...

The report alleges that Carvana was subsidized by DriveTime, the private company it was spun out of. A year ago, Carvana called similar claims misleading and inaccurate.

Short-seller research is renewing questions about how the online car seller's margins are generated across its retail ...

Carvana Co (NYSE:CVNA) shares are trading lower on Wednesday after short seller Gotham City Research released a critical ...

Firm releases report questioning related-party arrangements as online auto dealer has reported a surge in profitability ...

Gotham City Research has accused Carvana of overstating its 2023 and 2024 earnings by more than $1b. The short seller points to alleged accounting irregularities and undisclosed related party deals ...

TEMPE, Ariz. and SAN FRANCISCO, Oct. 11, 2022 /PRNewswire/ -- DriveTime, the largest privately owned used car sales and finance company in the country, is proud to announce that it can now verify ...