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Tag: Carvana
Carvana shares dip while originations soar 53.3%
Shares of Carvana fell by nearly 17% this morning following the retailer and lender’s latest earnings, which saw an increase ...
Carvana extends loan sale deal with Ally, refuting short report
Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion ...
JPMorgan remains bullish on Carvana, found ‘no red flags’
JPMorgan has reiterated its stance on Carvana following a report from short-seller Hindenburg Research that raised concerns regarding the retailer’s ...
Hindenburg shorts Carvana, accusing firm of ‘grift for the ages’
Carvana Co. was accused by prominent short-seller Hindenburg Research of impropriety in a report alleging that the auto retailer’s subprime ...
Carvana streamlines production as sales rise
Carvana is eyeing improved brand awareness and production efficiency to drive further sales growth into 2025. The retailer has achieved ...
Hurricane Helene spurs uptick in payment extensions
Some auto lenders saw a rise in payment extensions following Hurricane Helene, with Hurricane Milton expected to affect extension rates ...
Carvana originations up 35.5% YoY
Carvana’s originations jumped 35.5% year over year in the third quarter as sales increased. “We had record performance in virtually ...
