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VRM News and Press, Vroom Inc. From 12/15/20

Stock Information

Company Name: Vroom Inc.
Stock Symbol: VRM
Market: NASDAQ
Website: vroom.com

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VRM - Online Automotive Retailer Vroom to Acquire CarStory

NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Vroom ( www.vroom.com ), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, today announced that it has entered into a definitive agreement to acquire CarStory, a leader in AI-powered analytics and dig...

VRM - JPMorgan sees favorable setup for Carvana, Vroom and Lithia Motors

In a deep dive into the auto retail sector, JPMorgan says it expects digital retailers to benefit from a continued uptick in on-line penetration of used vehicles. The firm names Carvana (CVNA) and Lithia Motors (LAD) as core picks and calls Vroom (VRM) compelling. CarMax (KMX) is downgraded t...

VRM - Vroom announces 1.19M block trade

VROOM ([[VRM]] +7.2%) announces 1.19M share block trade with a price range of $32.80-33.13.Goldman Sachs will be the sole book running manager for the offering. For further details see: Vroom announces 1.19M block trade

VRM - Kandi technologies and Blink Charging among consumer gainers; Lordstown Motors and China Automotive Systems among losers

Gainers: AquaBounty Technologies (AQB) +30%. Kandi Technologies (KNDI) +17%. Blink Charging (BLNK) +12%. Jumia Technologies (JMIA) +12%. Vroom (VRM) +7%.Losers: LightInTheBox LITB -17%. Natuzzi (NTZ) -15%. China Automotive Systems (CAAS) -13%. Lordstown Motors (RIDE) ...

VRM - U.S. IPO Week Ahead: DoorDash And Airbnb Kick Off The Unicorn Parade In A 6 IPO Week

The unicorn IPO parade is set to begin in the week ahead, with DoorDash and Airbnb leading the way. A total of six IPOs and two SPACs are scheduled to raise $7.2 billion. Lock-up periods will be expiring for nine companies. For further details see: U.S. IPO Week Ahead: D...

VRM - Wall Street Breakfast: The Week Ahead

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week aheadGameStop (NYSE:GME), Lululemon (NASDAQ:LULU) and Oracle (NYSE:ORCL) are all on the earnings calendar next week, while Dis...

VRM - Stocks To Watch: IPOs Heat Up As DoorDash, Airbnb, C3.ai And Certara Step Out

Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha, Apple Po...

VRM - Why Vroom Stock Fell More Than 12% in November

Shares of used-car company Vroom (NASDAQ: VRM) were down 12.7% in November, according to data provided by S&P Global Market Intelligence . Investors didn't like the company's results for the third quarter of 2020 or its guidance for the fourth quarter. Oddly, positive news r...

VRM - Seeking Alpha Catalyst Watch

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Satu...

VRM - Vroom: Still Too Much Optimism

Does this recently IPOed company already need to turn around? Trying to time turnarounds is incredibly difficult, particularly when investors' sentiment remains elevated. Vroom's growth rates leave much to be desired. However one appraises Vroom's valuation, it's difficult to ...

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