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home / news releases / VRM - Vroom Ramps Growth But Operating Losses Remain High

VRM - Vroom Ramps Growth But Operating Losses Remain High

Vroom Inc.
  • Vroom went public in June 2020, raising $468 million in an IPO.
  • Vroom operates online marketplaces to enable consumers and dealers to acquire used vehicles online.
  • VRM has grown revenue, but operating losses are high and increasing.
  • At around $10.90 per share, my outlook on VRM is Neutral until it can increase reconditioning throughput and meaningfully reduce operating costs.

For further details see:

Vroom Ramps Growth, But Operating Losses Remain High
Stock Information
Company Name: Vroom Inc.
Stock Symbol: VRM
Market: NASDAQ
Website: vroom.com
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