Profile
Sector:
Consumer CyclicalIndustry:
Auto & Truck DealershipsCountry:
United StatesIPO:
09 June 2020Website:
http://www.vroom.comNext earnings report:
07 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 03 Oct 2024 20:08:24 GMTDividend
Analysts recommendations
Institutional Ownership
VRM Latest News
In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept.
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq: VRM) today released an investor presentation (the “Investor Presentation”) which includes the Company's long-term strategic plan and key initiatives. A copy of the Investor Presentation is available at ir.vroom.com. On January 22, 2024, the Company announced a Value Maximization Plan, pursuant to which the Company discontinued its ecommerce operations and wound down its used vehicle dealership. Since the announcement in January, the Company has be.
A look at the day ahead in Asian markets.
Don't bet against the American consumer, an old saying goes. That wisdom was borne out this spring and summer, when wagering against them would have been a mistake.
Electric vehicles are in the news again but this time for a positive reason. In news that broke earlier in the week, German automotive giant Volkswagen (OTCMKTS: VWAGY ) will invest up to $5 billion into Rivian Automotive (NASDAQ: RIVN ).
Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called Pay360, which the companies say is the first online payment solution designed for the convenience store sector, allowing for the secure online sale of age-restricted products.
Vroom completed the previously announced wind-down of its eCommerce and used vehicle dealership businesses. The company ended transactions through vroom.com, completed previously contracted transactions, sold “substantially all” of its used vehicle inventory and paid off a vehicle floorplan financing facility, Vroom said in a Thursday (April 4) filing with the Securities and Exchange Commission.
One of today's most impressive movers happens to be Vroom (NASDAQ: VRM ). Shares of the used car company have skyrocketed in today's session, with VRM stock up more than 25% at the time of writing.
Vroom (VRM) announces the discontinuation of its e-commerce operations and winding down of its used vehicle dealership business.
Vroom (NASDAQ: VRM ) stock is plunging over 40% in early trading after the used-car retailer announced that it had suspended its e-commerce business. Moreover, the firm disclosed that it would be “winding down” its dealerships and laying off 90% of its employees.
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What type of business is Vroom?
Vroom, Inc. operates as an automotive finance company. The company offers vehicle financing to its customers through third party dealers under the UACC brand. It also provides artificial intelligence powered analytics and digital services to dealers, automotive financial services companies, and others in the automotive industry for automotive retail. The company was formerly known as Auto America, Inc. and changed its name to Vroom, Inc. in July 2015. Vroom, Inc. was incorporated in 2012 and is based in Houston, Texas.
What sector is Vroom in?
Vroom is in the Consumer Cyclical sector
What industry is Vroom in?
Vroom is in the Auto & Truck Dealerships industry
What country is Vroom from?
Vroom is headquartered in United States
When did Vroom go public?
Vroom initial public offering (IPO) was on 09 June 2020
What is Vroom website?
https://www.vroom.com
Is Vroom in the S&P 500?
No, Vroom is not included in the S&P 500 index
Is Vroom in the NASDAQ 100?
No, Vroom is not included in the NASDAQ 100 index
Is Vroom in the Dow Jones?
No, Vroom is not included in the Dow Jones index
When was Vroom the previous earnings report?
No data
When does Vroom earnings report?
The next expected earnings date for Vroom is 07 November 2024