VRM - Vroom slides after growing pains hit bottom line

Vroom (VRM) falls sharply after the online auto retailer posted a larger Q4 loss than anticipated and guided weaker than some estimates for Q1. Analysts note that Vroom felt some growing pains as investments to scale up operations rapidly and capacity limitations hit the bottom line. For the full year, Vroom expects triple digit year-over-year growth in e-commerce unit sales and more than 200% growth in aggregate gross profit. Shares of Vroom are down 15.26% premarket to $37.20 despite the top-line earnings beat.

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Vroom slides after growing pains hit bottom line