VRM News and Press, Vroom Inc. From 10/03/20

Edtech startup BEGiN raised $50M in Series C funding for its early learning platform HOMER, which will launch a comprehensive new program next week. Strategic investors LEGO Ventures and Sesame Workshop participated in the round. Liquidity Capital pitched in an additional $25M in trajectory-b...

Major headwinds range from a pandemic to high unemployment. But the surprising resiliency of the consumer continues to be a driving force for markets.New data on Tuesday pointed again to the surprising strength of the consumer. Despite major market turmoil, consumer confidence registered its ...

Piper Sandler turns even more constructive on Overweight-rated Carvana ([[CVNA]] +4.0%) and Vroom ([[VRM]] +0.2%). The firm says a barrage of data points suggest strong Q3 fundamentals and better prospects for long-term share gains. Analyst Alexander Potter: "Less than 1% of used car transact...

"This time is different!" has been said again and again. In many cases, that turned out to be false, and valuations came back down to earth. Some pockets of the market look quite overvalued today, although not everything is expensive. For further details see: The Most Da...

Vroom provides an end-to-end e-commerce platform for buying and selling used vehicles. Vroom is similar to Carvana but much smaller. However, the used car market is massive, and there is room for multiple winners. The pandemic has been the perfect storm for Vroom with consumer beh...

If you are a trader like me, and you are looking for a tradable bottom, I think it's happening right now. This does not mean we are not going to see any further sell offs for the rest of the year. This note is looking to next week. I'm a believer in the notion that the move to tec...

Shares of Vroom (NASDAQ: VRM) , a used vehicle e-commerce platform offering a digital approach to buying used vehicles, jumped as much as 15.2% higher Tuesday morning after competitor Carvana announced it expected record results in the third quarter. Vroom and Carvana share ...

Goldman Sachs upgrades Vroom (VRM) to a Buy rating from Neutral on what it calls a long runway of growth for the online car platform.Vroom is expected to continue to take market share from small auto dealers amid COVID-19. The GS analyst team thinks the current pullback is a buying opportunit...

Carvana is a disruptive e-commerce company that is leading the modernization of the highly fragmented used-car market ($840 billion). Carvana's focus on enriching the customer experience in the used-car buying and selling process has received tremendous praise from consumers, which is...

Let's face it, today's retail investor is bombarded with information, and parsing through what is useful and what is not can be challenging. Avoiding noise and executing under pressure are critical to investing success. I've been managing custom-built equity portfolios since 2012,...