VRM News and Press, Vroom Inc. From 07/19/21

Following up on our buy call from June 14th, Q2 earnings suggest the buy thesis is intact here. Growing revenues, earnings power, same store sales, as well as lucrative repurchases and a solid valuation are all compelling reasons for owning this stock. We continue to rate shares a...

ra2studio/iStock via Getty Images Private equity firm L Catterton, which is backed by French billionaire and LVMH chief Bernard Arnault, is said to be evaluating going public. L Catterton has had talks with banks in recent weeks to consider its options including an IPO or a SPAC deal, accordi...

SEATTLE, July 13, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Seattle hub and a more customized driveway experience for nearly 5.3 million people in over 442 zip codes wit...

gguy44/iStock via Getty Images Piper Sandler Technical Market Strategist Craig. W. Johnson issued his July Alpha Alignment Report, which screens 900 stocks for a host of fundamental and technical factors. Along with the headline Alpha Alignment Index, the report also screens for an equal-weig...

NEW YORK, July 09, 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 second quarter ending June 30, 2021, after the market closes on Wednesday, August 11,...

Carvana’s stock has given more than 20x return since its IPO in 2017. The company still commands a very low market share in the highly fragmented ~$840 bn used car industry which bodes well for its long-term growth. The company will achieve EBITDA breakeven next year and we...

ATLANTA, June 21, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Atlanta hub and a more customized driveway experience for nearly 7 million people in over 476 zip codes withi...

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...