Search results
Results from the Tech24 Deals Content Network
Vroom shares closed at $0.53 on Monday and then dropped to $0.25 after the company announced its plans to shutter the e-commerce business. Shares are now hovering at about $0.32.
Vroom, Inc. Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, it was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. [ 3] Vroom ceased e-commerce automotive sales operations on January 22, 2024. [ 4][ 5]
Carvana, Shift, Vroom and Beepi, which shut down in 2016 and merged with Fair, were among the buzziest. Money was raised, valuations popped and some, including Carvana and Vroom, took the road to IPO.
Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. About 800 employees ...
VRM stock has dropped nearly 40% in the past month alone and 93% over the past six month. Bad fundamentals, not just market conditions, have played a role in Vroom’s (VRM) big price decline ...
I have the opportunity to write about Vroom (NASDAQ:VRM) one month after the stock began publicly trading. After an inauspicious first week, Vroom stock has soared as high as $60 per share ...
Vroom (VRM) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in ...
The company’s net losses (not counting accretion of redeemable convertible preferred stock) rose from $85.2 million in 2018 to $143 million in 2019. ... Vroom’s deficits are still rising, with ...