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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 ...
ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy underperformed during a pronounced rotation ...
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...
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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...