VRM News and Press, Vroom Inc. From 02/28/23

Vroom press release ( NASDAQ: VRM ): Q4 EPS of $0.18 may not be comparable to consensus of -$0.63. Revenue of $209.35M (-77.6% Y/Y) misses by $58.86M . Ecommerce gross profit per unit of $1,233 as compared to $4,206 For further details see: VroomEPS of $0.18, rev...

Significant Sequential Cost Reductions and Continued Progress on Long-Term Roadmap Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the fourth quarter and fiscal year ended December 31, 2022. HIGHL...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Though the Federal Reserve’s aggressive actions against skyrocketing inflation delivered results, it may not be enough to spare all companies in the consumer discretionary space. Thus necessitating a discussion about sto...

Summary Carvana experienced some of the most disruption and headwinds over the past year. I have discussed CVNA stock several times since we first purchased it in 2019 but want to provide an update given the stock’s decline and negative headlines. The key debate is whether Ca...

Conference Call and Audio Webcast Scheduled for March 1, 2023 Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the fourth quarter and fiscal year ending December 31, 2022, after ...

Summary January 2023 was an amazing month to be long equities. The Russell 2000 index was up 9.8%. Before the first opening bell of 2023, I created an equal weighted and bespoke list of twenty nine stocks for my January Effect 2023 model portfolio. The January Effect 2023 portfolio ...

This could be a hectic week in the stock market, whether you’re trading penny stocks or higher-priced stocks. If you read the article on what to watch this week , you already know what’s coming. Economic data, earnings, and one of the biggest events, the January FOMC meeting, wi...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The prices of used cars have skyrocketed in the past few years. Coming out of the pandemic, supply-chain constraints made it difficult for people to get their hands on new ehicles, pushing many people to the used car market. Co...

Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify U.S. government set to hit the debt ceiling today : What's next? Genesis Global likely to file for bankruptcy this week - report. Vroom (VRM) slas...

Struggling auto retailer Vroom ( NASDAQ: VRM ) announced a significant headcount reduction in an SEC filing on Wednesday after the bell. The filing stated that the company handed pink slips to 275 employees, amounting to about 20% of the company’s overall workforce, exc...