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VRM News and Press, Vroom Inc. From 02/11/21

Stock Information

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

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VRM - Vroom Announces Fourth Quarter and Fiscal Year 2020 Earnings Conference Call and Audio Webcast Scheduled for March 3, 2021

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) -- 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, 2020, after the market closes on W...

VRM - Vroom targets the masses with first Super Bowl ad

Vroom (VRM) will run its first Super Bowl commercial on Sunday to highlight the company in front of close to 100M  viewers.The online automotive retailer's 30-second Super Bowl spot called "Dealership Pain" focuses on the pressure of purchasing a vehicle through a traditional car dealer....

VRM - Miller Value Partners Opportunity Equity Q4 2020 Letter

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...

VRM - Vroom stock up some 8% as online auto sellers mostly rally for first time in weeks

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 - Vroom: A Compelling Buy For Digitization Of Auto Sales

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...

VRM - ADT and Desktop Metal gain on Bill Miller pitch; says DXC takeout offer too low

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...

VRM - Why Vroom Stock Jumped 14% Last Month

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...

VRM - Carvana and Vroom pegged by Wells Fargo for big years amid online auto evolution

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...

VRM - SPACs And COVID Winners With Shift Co-CEO George Arison (Podcast)

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...

VRM - Vroom Just Added to its Tech Advantage

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...

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