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”...
Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run...
For online car platforms, the road to profitability has been volatile and oftentimes elusive. “Inventory’s been lumpy, aging and — in the age of (still)...
The earnings roll in, and the stocks gyrate — a roller coaster that happens every three months. The CE 100 Stock Index gained 1.5%, as...
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...
Out with the old and in with the new, as they say. For the CE 100 Index, completing its first (shortened) week of trading, the...
The CE 100 Index gained 1.1% in a trading week shortened by the Thanksgiving holiday. Only one pillar lost ground — the Work segment, which...
For the online car platforms that have promised to bring kicking the tires firmly into the digital age, profitability has been volatile, sometimes elusive. Inventory’s...
The CE 100 Index added 0.4% in a wild week where double-digit declines and gains were the norm — earnings season continued to dominate the...