SFT News and Press, Shift Technologies Inc Cl A From 07/01/22

SAN FRANCISCO, July 01, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today announced that on June 30, 2022 the Compensation Committee of its Board of Directors granted inducement restricted stock u...

Penny Stocks To Buy Now? 3 To Watch Penny stocks are shares of companies trading below $5, but that’s still too expensive for some. This week’s trend of popular stocks under $1 continued on Friday. Earlier in the week, we saw companies like Evofem (NASDAQ: EVFM ) and B...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Eric Urquhart/Shutterstock.com It’s time for another look at the biggest pre-market stock movers as we dive into the latest news for Friday! Filings with the U.S. Securities and Exchange Commission (S...

If we’ve learned one thing about penny stocks in 2022, it’s that speculation reigns supreme. The slightest whimper of “potential” or a rumor of what “could be coming” has played a big part in the stock market of today. Thanks, in part, to the me...

Internet retail stocks were particularly hard hit on Thursday as investors continued to digest the previous day's Federal Reserve decision, which saw the central bank announce its largest rate hike in over a quarter century. The word of the day in the retail sector is recession, which if it o...

As recession risks rise, investors should begin positioning themselves more defensively in hardline retail stocks, according to Wells Fargo analyst Zachary Fadem. He explained in a note on Wednesday that while discretionary categories have the most upside, investors need to guard against risk...

At 2022 Russell indexes 34th annual reconstitution, following Consumer Discretionary/Consumer Staples stocks are among the list that will be added to and deleted from the Russell 3000 Index. Notable Additions include: Lucid Group (LCID), Airbnb (ABNB), Roblox (RBLX), Luminar Technologies...

SAN FRANCISCO, May 26, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today announced that senior management will participate in the following upcoming investor conferences: William Blair 42 ...

Carvana Co. (NYSE:CVNA) sustained struggle has set a floor for Carmax (KMX), according to analysts. Carvana (CVNA -11.0%) is leading eCommerce declines on Monday, falling double-digits in Monday afternoon trading. The sharp decline adds to deep drops in recent months, amounting to an over 90%...

In my opinion, Shift is being priced for an imminent bankruptcy, with the used auto e-commerce platform's stock trading at ~1x cash levels. While Shift's liquidity situation remains challenging, the business is performing within management's guideposts, and the outlook for 2022 remain...