LOTZ News and Press, CarLotz Inc. From 08/09/22

CarLotz press release ( NASDAQ: LOTZ ): Q2 GAAP EPS of -$0.31 (vs. -$0.06 Y/Y). Revenue of $76.5M (+50.6% Y/Y). Shares +13.28% AH. For further details see: CarLotz Q2 GAAP loss per share widens Y/Y, revenue up

Shift Technologies ( NASDAQ: SFT ) said Tuesday it will acquire CarLotz ( LOTZ ) in an all-stock deal, sending LOTZ shares soaring ~35% and SFT shares up 10% in aftermarket trade. LOTZ shareholders are expected to receive ~0.692158 SFT shares for each LOTZ share. ...

Shift to merge with CarLotz, a leading used vehicle consignment business; combined company estimated to have approximately $125 million of cash if the merger closes at the end of the year Shift is transitioning to a new business plan focused on transacting most sales through its most ...

Merger will create a leading omnichannel auto retailer Combination of complementary geographic footprints, with Shift’s strong presence on the West Coast and CarLotz’s retail stores in the mid-Atlantic region Upon close, combined company anticipated to have a cash po...

Second Quarter Revenue Grew 51% versus Last Year to $76.5 million Second Quarter Retail Unit Sales of 2,421 Second Quarter F&I Revenue Grew 80% versus Last Year RICHMOND, Va., Aug. 09, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “Car...

Merger will create a leading omnichannel auto retailer Combination of complementary geographic footprints, with Shift’s strong presence on the West Coast and CarLotz’s retail stores in the mid-Atlantic region Upon close, combined company anticipated to have a cash po...

Vroom Inc. ( NASDAQ: VRM ) crashed over 30% on Tuesday after notching yet another quarterly loss alongside declining revenue. The 35.57% slide for shares of the Houston-based eCommerce company added to steady declines over the past year that have amounted to a ne...

All aboard! Just don't be the last one to get off the train. Traders are continuing to buy up tickets to memeland, sending in fairies to circle the usual darlings. Choo-choo: Bed Bath & Beyond ( NASDAQ: BBBY ) is up another 13% premarket to around $13, after po...

Stocks with a high level of social media interest and an ongoing battle between shorts and longs rose in early trading on Monday. Bed Bath & Beyond ( NASDAQ: BBBY ) topped the meme runner list with a 60% gain to follow on Friday's +30% jump. GameStop ( GME ...

RICHMOND, Va., Aug. 04, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced a change to its previously announced second quarter fiscal 2022 earnings results c...