Carvana Co.’s shares fell the most in more than nine months after a short seller alleged the online auto retailer overstated earnings with the help of close ties to businesses controlled by the family of Chief Executive Officer Ernie Garcia III.
A Carvana vending machine in Uniondale, New York, US, on Tuesday, April 16, 2024. Carvana Co. is scheduled to release earnings figures on May 1.
General Motors Co.’s blockbuster fourth-quarter results prompted more than a dozen Wall Street analysts to boost their price targets on the carmaker, sending a signal to investors that the furious rally in the stock is far from over.
Chevrolet Silverado 1500s and GMC Sierra 1500s on the assembly line at the General Motors assembly plant in Fort Wayne, Indiana.
Anmelden
