CVNA up nearly 10% today. Hindenburg research to shutter

Posted: Jan 15, 2025

  • Carvana ($CVNA) was exposed for fraudulent accounting
  • Stock is rallying back to $214 a share
  • Similarity to 2007 mortgage crisis with increasing credit default swap pricing
  • Value of company is much lower than current stock trading price
  • Serious doubts on company's fundamentals
  • Hindenburg Research holds significant short position in the stock
  • Forensic accounting firm may shutter doors soon




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