
Vroom Provides Update on Relisting of Common Stock and Q4 2024 Liquidity
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (the “Company”), a leading automotive finance company and a data and AI-powered analytics and digital services platform supporting the automotive industry, to...

Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it plan...

Vroom Delivery and Finix Team on Convenience Store Payments
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 t...

Vroom Completes Wind-Down of eCommerce, Used Vehicle Dealership Businesses
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 transac...

Why Is Vroom (VRM) Stock Up 25% Today?
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) Discontinues E-commerce Used Vehicle Operations
Vroom (VRM) announces the discontinuation of its e-commerce operations and winding down of its used vehicle dealership business.

VRM Stock Alert: Once-Hot Vroom Is Winding Down Operations
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 “...

Why Is Vroom (VRM) Stock Down 44% Today?
Vroom (NASDAQ: VRM ) stock is falling on Tuesday after the used-car selling and buying e-commerce company announced plans to wind down its business. A press release from Vroom reveals that it will ...

Vroom Stock Plunges After Winding Down E-Commerce Business—Key Chart Levels to Monitor
Shares of vehicle e-commerce platform Vroom (VRM) plunged over 50% ahead of the opening bell Tuesday after the company said it plans to discontinue its e-commerce operations and wind down its used ...

Vroom faces reckoning after shuttering ecommerce business
Vroom, the parent company of automotive financing group United Auto Credit Corporation (UACC), faces a reckoning when US markets open on Tuesday. Its market value was effectively slashed in half in...

Vroom Exiting Car Sales, Focusing on Finance and AI Services
Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business. The company aims to preserve liquidity and maximize stakeholder value through its remaining b...

Here's What Key Metrics Tell Us About Vroom (VRM) Q3 Earnings
The headline numbers for Vroom (VRM) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street esti...

Is Vroom A Buy? Unpacking Its Strategic Pivot
Vroom faces financial concerns and liquidity issues, with a market capitalization well below its book value. In 2023, Vroom undertook strategic changes, including workforce reduction and a shift to...

Vroom (VRM) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Vroom (VRM) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street e...
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