From Nasdaq: 2025-01-17 17:46:16

Short summary: Short-seller firm Hindenburg Research, known for critical reports on companies, is shutting down, boosting Carvana (CVNA) stock by over 20% week to date. The firm’s founder, Nate Anderson, mentioned the last of its “Ponzi cases,” possibly referring to Carvana. Hindenburg’s reports may live on in some form, impacting companies it targets.

Should you invest in Carvana? The Motley Fool Stock Advisor team didn’t include Carvana in their list of 10 best stocks. The service has outperformed the S&P 500 since 2002 with regular stock picks and portfolio guidance. Past picks like Nvidia have generated significant returns. The author and The Motley Fool have no positions in the stocks mentioned.

Overall, Carvana stock saw a rally after Hindenburg Research announced its closure, but potential investors should consider other options based on the Motley Fool’s recommendations.



Read more at Nasdaq: Why Investors Were Piling Into Carvana Stock Again This Week