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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...
Vroom (VRM) strikes a deal to acquire CarStory through a deal for parent Vast Holdings at $120M (60% cash, 40% shares).CarStory is described as a leader in AI-powered analytics and digital services for automotive retail, which leverages its machine learning to bring a complete and accura...
NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Vroom ( www.vroom.com ), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, today announced that it has entered into a definitive agreement to acquire CarStory, a leader in AI-powered analytics and dig...
In a deep dive into the auto retail sector, JPMorgan says it expects digital retailers to benefit from a continued uptick in on-line penetration of used vehicles. The firm names Carvana (CVNA) and Lithia Motors (LAD) as core picks and calls Vroom (VRM) compelling. CarMax (KMX) is downgraded t...
VROOM ([[VRM]] +7.2%) announces 1.19M share block trade with a price range of $32.80-33.13.Goldman Sachs will be the sole book running manager for the offering. For further details see: Vroom announces 1.19M block trade
Gainers: AquaBounty Technologies (AQB) +30%. Kandi Technologies (KNDI) +17%. Blink Charging (BLNK) +12%. Jumia Technologies (JMIA) +12%. Vroom (VRM) +7%.Losers: LightInTheBox LITB -17%. Natuzzi (NTZ) -15%. China Automotive Systems (CAAS) -13%. Lordstown Motors (RIDE) ...
The unicorn IPO parade is set to begin in the week ahead, with DoorDash and Airbnb leading the way. A total of six IPOs and two SPACs are scheduled to raise $7.2 billion. Lock-up periods will be expiring for nine companies. For further details see: U.S. IPO Week Ahead: D...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week aheadGameStop (NYSE:GME), Lululemon (NASDAQ:LULU) and Oracle (NYSE:ORCL) are all on the earnings calendar next week, while Dis...
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Shares of used-car company Vroom (NASDAQ: VRM) were down 12.7% in November, according to data provided by S&P Global Market Intelligence . Investors didn't like the company's results for the third quarter of 2020 or its guidance for the fourth quarter. Oddly, positive news r...
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2024-07-26 17:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Vroom, Inc. (Nasdaq: VRM) today announced that it will release its financial results for the second quarter ending June 30, 2024, after the market closes on Thursday, August 8, 2024. About Vroom (Nasdaq: VRM) Vroom owns and operates United Auto Credit Corporation (UACC), a leading aut...
2024-06-26 19:32:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...