VRM News and Press, Vroom Inc. From 02/05/21

Miller Value Partners is a value investor. It values businesses, and not just stocks, and invests in them for the long term. Miller Opportunity Equity ended the year on a strong note, notching a 35.4% (net of fees) gain in the quarter versus the S&P 500’s 12.15%. This broug...

Online auto seller Vroom Inc. (VRM) is rising some 8% Monday as the sector mostly rallies following a few weeks of lackluster price action, especially among recently public names that have foundered since hitting the market. Vroom traded as high as $40.04 during the session -- up 8.7% on the ...

VRM's asset-light and data-heavy business model has proven successful with strong gross profit growth as unit volumes grow. Used auto e-commerce penetration sits below 1% and has much room to grow amid the digitization of auto sales. VRM's attractive risk-reward profile compared t...

ADT (ADT) rose 4.2% and Desktop Metal (DM) gained 4.4% after Bill Miller pitched the stocks on CNBC.Miller says DXC Technology (DXC) takeover approach should be rejected as the offer from Atos is too low; says DXC price would have to be ``much much'' higher for Miller to be interest...

Shares of Vroom (NASDAQ: VRM) were marching higher last month as the online used car dealer got a boost from an analyst upgrade, and also responded to the passage of a second relief bill, which included $600 individual stimulus payments. According to data from S&P Global Marke...

Wells Fargo says it views Carvana (CVNA) and Vroom (VRM) as two of its favorite growth ideas for 2021 on the expectation for robust growth from easing constraints and accelerating online migration. Analyst Zachery Fadem and team remind that used car online penetration is still less than 1% of...

Happy New Year! We kick off 2021 by working out some of the key trends from the year that passed. We speak to Co-CEO George Arison of the newly public Shift Technologies about how 2020 turned into a successful year for Shift's used-car sales business. We also ask about the SPAC pr...

Six months after its IPO, Vroom (NASDAQ: VRM) has mostly been a disappointment to investors. Shares of the online used car dealer surged on IPO day , but the stock has faded since then, down about 20% from its closing price on opening day. The stock sold off following its fi...

Vroom (VRM) strikes a deal to acquire CarStory through a deal for parent Vast Holdings at $120M (60% cash, 40% shares).CarStory is described as a leader in AI-powered analytics and digital services for automotive retail, which leverages its machine learning to bring a complete and accura...

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...