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RICHMOND, Va., Sept. 22, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (Nasdaq: LOTZ), a leading consignment-to-retail used vehicle marketplace announced today it has launched the Driver’s Seat Advantage program. The new program provides even more benefits to CarLotz’s unique consign...
NEW YORK, NY / ACCESSWIRE / September 20, 2022 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: STORE Capital Corporation (NYSE...
Used vehicle e-commerce company Shift Technologies is acquiring peer CarLotz in an all-stock deal. At current prices, the spread stands at 17% in a hedged trade. The merger is highly rational for the buyer as it will provide Shift with CarLotz’s net cash while also allowing...
Online auto retailers Shift Technologies ( NASDAQ: SFT ) and Vroom, Inc. ( NASDAQ: VRM ) slid sharply on Monday after J.P. Morgan analyst Rajat Gupta moved to a Sell-equivalent rating on both. Vroom ( VRM ) shares slid over 5% on significant premarket...
NEW YORK, NY / ACCESSWIRE / August 14, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Gemini Therapeutics, Inc. (NASDAQ:...
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Today, we take our first look at Shift Technologies, a fast-growing name in the ecommerce auto retailing space that just made a major purchase. Despite over 100% revenue growth last quarter, the company is far away from profitability. Shift Technologies just reported second quarte...
After a noisy earnings day for Shift Technologies ( NASDAQ: SFT ) motivated DA Davidson analyst Michael Baker to downgrade the stock on Wednesday. The online auto retailer offered a mixed earnings result on Tuesday evening wherein losses were lighter than anticip...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: oneinchpunch/Shutterstock.com It’s time for another dive into the biggest pre-market stock movers as we check out the latest news for Wednesday! We’ve got an acquisition, monkeypox, and loads o...
CarLotz press release ( NASDAQ: LOTZ ): Q2 GAAP EPS of -$0.31 (vs. -$0.06 Y/Y). Revenue of $76.5M (+50.6% Y/Y). Shares +13.28% AH. For further details see: CarLotz Q2 GAAP loss per share widens Y/Y, revenue up
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SAN FRANCISCO, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, has closed its merger with CarLotz, Inc. (Nasdaq: LOTZ), a leading co...
RICHMOND, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a consignment-to-retail used vehicle marketplace, is pleased to announce that today the Company’s stockholders approved the Agreement and Plan of Merger, d...
NEW YORK, NY / ACCESSWIRE / November 13, 2022 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: CarLotz, Inc. (NASDAQ:LOTZ)'s ...