SFT News and Press, Shift Technologies Inc Cl A From 06/19/23

2023-06-19 01:14:21 ET Summary Shift Technologies' shares have risen 31% YTD, but the used car market is under pressure, with decreasing sales volumes and selling prices. SFT's change in strategy and CEO adds uncertainty to its future prospects, and there is a high risk of not ach...

2023-06-09 08:05:22 ET Shift ( NASDAQ: SFT ) has appointed Ayman Moussa as Chief Executive Officer and a member of the Board, effective immediately June 9, 2023. Ayman Moussa is an automotive entrepreneur and CEO with over 20 years of industry experience and leadership. Th...

SAN FRANCISCO, June 09, 2023 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT) today announced that its Board of Directors has appointed Ayman Moussa as Chief Executive Officer and a member of the Board, effective immediately June 9, 2023. Ayman Moussa is an automotive entrepreneur and CEO with over ...

2023-06-08 12:21:32 ET Gainers: Baosheng Media Group  ( BAOS ) +79% . Carvana  ( CVNA ) +42% . Designer Brands ( DBI ) +19% . Shift Technologies ( SFT ) +14% . Lifeway Foods ( LWAY ) +14% . Losers: Blue Apron Ho...

2023-05-24 12:02:25 ET In its preliminary annual 2023 Russell indexes reconstitution, the following consumer companies will be added to and deleted from the Russell microcap index: Notable additions: Stitch Fix ( SFIX ), Genius Brands ( GNUS ), 2U ( TWOU ), Big Lots ( ...

2023-05-16 13:08:04 ET Gainers: GD Culture Group Limited ( GDC ) +84% . The Singing Machine Company ( MICS ) +62% . Applied Digital Corporation ( APLD ) +51% . Exela Technologies ( XELA ) +40% . AN2 Therapeutics ( ANTX ) +26% . ...

2023-05-16 07:21:23 ET Shift Technologies ( NASDAQ: SFT ) shares drove lower in premarket trading on Tuesday after filing for a delay to its expected 10-Q filing and disclosing a missed interest payment. A regulatory filing explained that the company “elected not ...

2023-05-11 18:52:07 ET Shift Technologies, Inc. (SFT) Q1 2023 Earnings Conference Call May 11, 2023 05:00 PM ET Company Participants Susan Lewis - Vice President, Investor Relations Jeff Clementz - Chief Executive Officer Oded Shein - Chief Financial Officer ...

2023-05-11 16:07:58 ET Shift Technologies press release ( NASDAQ: SFT ): Q1 GAAP EPS of -$2.84 beats by $0.27 . Revenue of $57.69M (-73.7% Y/Y) beats by $0.79M . Shares +5% . For further details see: Shift Technologies GAAP EPS of -$2.84 beats by ...

SAN FRANCISCO, May 11, 2023 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a consumer-centric omnichannel retailer for buying and selling used cars, today reported first quarter financial results for the period ended March 31, 2023. Management’s commentary on first quarte...