What's Going On With Carvana Stock Monday?
What's Going On With Carvana Stock Monday?
The report titled, "Carvana: A Father-Son Accounting Grift For The Ages," claims the alleged accounting manipulation "fueled temporary reported income growth." The short seller also claimed to have found $800 million in loan sales to a "suspected undisclosed related party."Carvana Co (NYSE:CVNA) shares are trading higher Monday after a company subsidiary amended an agreement to reestablish a $4 billion commitment for automotive finance receivables.
Carvana公司（紐交所：CVNA）的股價在週一上漲，此前公司子公司修訂了一項協議，以重新建立對汽車融資應收款的40億美元承諾。
What Happened: In a new regulatory filing, Carvana said subsidiary Ally, consisting of Ally Bank and Ally Financial, amended the restated master purchase and sale agreement to reestablish a commitment by Ally to purchase up to $4 billion of automotive finance receivables between Jan. 3, 2025 and Jan. 2, 2026.
發生了什麼：在一份新的監管文件中，Carvana表示其子公司Ally，包括Ally銀行和Ally Financial，修訂了重述的主購買和銷售協議，以重新建立Ally承諾在2025年1月3日至2026年1月2日期間購買最多40億美元的汽車融資應收款。
The news comes after Carvana shares came under pressure at the end of last week after short seller Hindenburg Research announced a short position against the company and released a report alleging accounting manipulation and lax underwriting practices.
在上週末Carvana的股價承壓後， Hindenburg Research短線賣空者宣佈對該公司的短線頭寸，並發佈了一份報告，指控其存在會計操縱和放鬆的承銷實踐。
The report titled, "Carvana: A Father-Son Accounting Grift For The Ages," claims the alleged accounting manipulation "fueled temporary reported income growth." The short seller also claimed to have found $800 million in loan sales to a "suspected undisclosed related party."
標題爲《Carvana：世紀父子會計騙局》的報告聲稱，所指控的會計操縱「推動了暫時報告收入的增長」。短線賣空者還聲稱發現80000萬美元貸款銷售給「涉嫌未披露的關聯方」。
Hindenburg went on to highlight recent insider selling, suggesting the company's share price is inflated. The short seller highlighted valuation metrics that suggest the stock is "exorbitantly valued" versus competitors.
Hindenburg繼續強調近期的內部銷售，暗示公司的股價被高估。短線賣空者指出的估值指標表明，該股票與競爭對手相比「被極其高估」。
Carvana shares are up more than 275% over the past year. Analysts have raised price targets as the company has continued to show progress on its turnaround plans. Hindenburg claimed last week that Carvana's turnaround is merely a "mirage."
過去一年中，Carvana的股價上漲超過275%。分析師們提高了目標價格，因爲該公司在其扭轉計劃上持續取得進展。Hindenburg上週聲稱Carvana的扭轉只是一個「海市蜃樓」。
A Carvana spokesperson told Benzinga last week that Hindenburg's report was "misleading and inaccurate." The company spokesperson noted that Hindenburg is a short seller looking to benefit from a decline in Carvana's stock price.
Carvana的一位發言人上週對Benzinga表示，Hindenburg的報告是「誤導性和不準確的」。該公司發言人指出，Hindenburg是一個希望從Carvana股價下跌中獲利的短線賣空者。
"We plan to stay focused on executing our plan for another great year in 2025," the Carvana spokesperson said.
Carvana的發言人表示：「我們計劃集中精力執行我們的計劃，以在2025年再創輝煌。」
Wells Fargo analyst David Lantz maintained Carvana with an Overweight rating on Monday and lowered the price target from $300 to $275.
富國銀行的分析師大衛·蘭茨在週一維持對Carvana的超配評級，並將目標價從300美元下調至275美元。
CVNA Price Action: Carvana shares were up 2.81% at $182.13 at the time of publication Thursday, according to Benzinga Pro.
CVNA價格走勢：根據Benzinga Pro的數據顯示，Carvana的股價在週四出版時上漲了2.81%，至182.13美元。
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Photo: Shutterstock.
照片：Shutterstock。
譯文內容由第三人軟體翻譯。
