VRM News and Press, Vroom Inc. From 05/09/22

Vroom (NASDAQ:VRM) said Monday it appointed COO Tom Shortt as its new CEO and a member of the board, effective immediately. Shortt succeeds Paul Hennessy, who resigned to pursue other opportunities. Robert Mylod, current board chair, will become independent executive chair. For further...

Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the first quarter ended March 31, 2022. HIGHLIGHTS OF FIRST QUARTER 2022 19,473 ecommerce units sold, up 26% versus prior year Eco...

Robert Mylod to become Independent Executive Chair Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that its Board of Directors has appointed Tom Shortt, who previously served as the Company’s Chief Operati...

On a down day for internet retail stocks, online auto retailers are performing particularly poorly. Carvana (NYSE:CVNA -15.0%) is leading the way down as a focus on profitability metrics combined with concerns on its recent dealings with Apollo Global (APO) draw the market’s ire. Share...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips If your only perspective on used-car retailer and e-commerce service Vroom (NASDAQ: VRM ) is its performance in the charts, your instinct would likely be that VRM stock is a toxic asset. The arithmetical evidence is d...

Carvana (NYSE:CVNA) and Shift Technologies (SFT) traded lower after Wells Fargo downgraded both car retailers' stocks, citing macro headwinds. "... recent evidence suggests that macro headwinds are building, access to capital is dwindling, and appetite for high-growth free cash flow negative ...

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. Mond...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Vroom (NYSE: VRM ) is an online marketplace for buying and selling cars. The company came into being with the idea that it could shake up the existing used automobile marketplace. Rival Carvana  (NYSE: CVNA ...

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InvestorPlace - Stock Market News, Stock Advice & Trading Tips While no one would want a repeat of the terrible coronavirus pandemic, it must be said that at least some businesses like Vroom (NASDAQ: VRM ) cynically benefitted from the radical paradigm shift. As the global health...