Carvana Co. (NYSE:CVNA) confirmed in an SEC filing that the auto retailer reestablished an agreement with Ally Financial (ALLY) to sell the lender up to $4 billion in used-vehicle loan receivables. An ...
Explore Carvana Co.'s potential in 2025, its business relationship with DriveTime, insider stock sales, credit sales, and valuation multiples. Read my CVNA thesis.
Carvana's turnaround is overshadowed by its inflated valuation and questionable financial practices. Read why it's best to ...
Carvana Co. CVNA has reinstated an agreement to sell $4 billion of used-car loan receivables to Ally Financial. This yearlong deal follows claims by short-seller Hindenburg Research that Ally was ...
Carvana revealed in a filing with the Securities and Exchange Commission on Monday that it amended the second amended and restated master purchase and sale agreement with Ally Financial.
Shares of Carvana (NYSE: CVNA) were climbing for the second day in a row today after Wall Street analysts continued to line ...
TEMPE, AZ – Carvana Co. (NYSE:CVNA), a $22.77 billion market cap online auto retailer, has entered into a significant agreement with Ally Bank and Ally Financial (NYSE:ALLY) Inc., collectively ...
(Bloomberg) -- Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that ...
Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker upgrade since then which says the controversy has sparked a buying ...
When people buy a car from Carvana, a loan originates from the retailer, but it then sells those loans to other companies. Its primary buyer for those auto loans was Ally Financial, but the bank ...
Shares of online used car dealer Carvana (CVNA) jumped 5.6% in the morning session after the company announced new financing terms with Ally Financial. Under the agreement, Ally will purchase ...