Carvana Co. is downgraded from Strong Buy to Hold due to rising risks in its loan-dependent business model. CVNA's Q3 earnings beat expectations, but over 100% of net income came from gains on the ...
Connecticut residents who bought a car from Carvana may be eligible for money after the online car retailer agreed to a settlement establishing a $1 million customer restitution fund. The settlement, ...
2025 has not been kind to consumer discretionary stocks. Among the 11 S&P 500 sectors, consumer discretionary has posted the fourth-worst performance year to date (YTD). Over the past month, its 2.43% ...
JPMorgan believes the major Carvana (CVNA)-specific fundamental concern that Hindenburg Research’s short report highlighted is the unrealistic gross profit per unit, and in particular Other GPU and ...
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to seven classes of notes issued by Carvana Auto Receivables Trust 2025-N1 (“CRVNA 2025-N1”), a non-prime auto loan ABS transaction. The ...
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