US Stock Market Move | Soros reportedly shorting Carvana (CVNA.US), causing it to drop more than 6% at one point.

02/01/2025

Carvana's stock price has fluctuated significantly, currently up more than 2%, after previously falling more than 6%.

In Thursday's midday trading on the US stock market, the stock price of used car retailer Carvana (CVNA.US) fluctuated significantly, rising over 2% after previously falling more than 6%. On the news front, short-selling firm Hindenburg Research announced that it was shorting Carvana. Hindenburg Research stated that after four months of research, they found that Carvana sold $800 million in loans to potentially undisclosed related parties, engaged in accounting manipulation, and at the same time, insiders cashed out billions of dollars in stock.

HK Stock Market Move | ZMJ Group (00564) rose more than 7% to a new high, collaborating with companies such as Huawei and Lenovo to promote the development of industrial intelligence.

HK Stock Market Move | FORTIOR(01304) falls nearly 8% again, shareholder Shanghai Huaxin plans to reduce its shareholding by not more than 3% of the company's shares.

Orient: Hotel AI application speeds up implementation, optimistic about bringing systematic cost reduction, efficiency improvement, and operational efficiency enhancement.

HK Stock Market Move | ZMJ Group (00564) rose more than 7% to a new high, collaborating with companies such as Huawei and Lenovo to promote the development of industrial intelligence.

HK Stock Market Move | FORTIOR(01304) falls nearly 8% again, shareholder Shanghai Huaxin plans to reduce its shareholding by not more than 3% of the company's shares.

Orient: Hotel AI application speeds up implementation, optimistic about bringing systematic cost reduction, efficiency improvement, and operational efficiency enhancement.