JPMorgan has reiterated its stance on Carvana following a report from short-seller Hindenburg Research that raised concerns regarding the retailer’s profits and business model. Hindenburg took a short position on Carvana’s stock and published a report Jan. 2 that referred to the Tempe, Ariz.-based firm’s turnaround from potential bankruptcy in 2022 and 2023 to soaring […]
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