VRM News and Press, Vroom Inc. From 06/17/21

Shift is one of the most compelling ways to play the transformational change in consumer buying and selling patterns in the used car market. In the United States alone, the used car industry is estimated to be worth $840B per year. However, this market is still highly fragmented and e...

Carvana is poised to become the #1 player in the U.S. used car market in the next 5 years. CarMax’s defensive commentary signals that Carvana is getting a walkover without even a fight. The stock can see 6x to 10x upside from the current levels in the long term. For f...

Shares in Vroom dropped nearly 11.5% following an announcement that the company is offering $500 million in convertible notes due 2026. Vroom's long-term disruptor potential remains evident, and a strong Q1 and Q2 guidance reinforces the growth picture. The market's reaction to th...

In today's video I look at fundamentals and valuation metrics for Vroom (NASDAQ: VRM) , Carparts.com (NASDAQ: PRTS) , and Hims & Hers Health (NYSE: HIMS) . Each of these stocks dropped more than 5% on Tuesday, and below I sha...

NEW YORK, June 16, 2021 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq: VRM) (“Vroom”) today announced the pricing of its offering of $550,000,000 aggregate principal amount of 0.750% convertible senior notes due 2026 (the “notes”) in a private offering to qualified ins...

Document Security Systems DSS -41% after secures $43.5M capital via equity raise.PDS Biotechnology PDSB -16% on proposing stock offering.Sage Therapeutics SAGE -12% after disappointing zuranolone secondary data in depression study.Vascular Biogenics VBLT -12...

NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq: VRM) (“Vroom”) today announced its intention to offer, subject to market and other conditions, $500,000,000 aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private...

Markets returned to calm this week, with the major indices roughly flat as we wrap up the Q1 earnings season. Vroom is looking to grow tremendously this year after supply issues choked off the company's progress in 2020. Zuora remains one of the best rebound plays available in ent...

Vroom has seen continued growth and margin gains, but increasing losses as well. The potential market is huge, but it still is unclear to me if the business model works. Given the huge losses, I have real doubts about the business model, as I fail to see the appeal here. For...

DALLAS, May 27, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Dallas hub and a more customized driveway experience for nearly 7 million people in over 1,000 zip codes within...