Vroom

CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid

CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
August 14, 2023  |  Connected Economy

Vroom and Roblox were notable double-digit decliners, more than offsetting the positive impact of stock surges seen from the likes of Cogent.  The CE 100...

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Vroom Says ‘Aged’ Cars Made Up 80% of Sales
Vroom Says ‘Aged’ Cars Made Up 80% of Sales
August 09, 2023  |  Earnings

Online car-buying platform Vroom said its inventory troubles should turn a corner later this year. As PYMNTS reported earlier this year, Vroom and other companies in the...

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CE 100 Index Sheds 1.1% as Affirm, Sezzle Losses Offset FIS Sizzle 
CE 100 Index Sheds 1.1% as Affirm, Sezzle Losses Offset FIS Sizzle 
July 10, 2023  |  Connected Economy

The CE 100 Index lost 1.1% in a shortened holiday week, with payments-focused names declining.   Only two segments gained ground through the four trading sessions...

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CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally 
CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally 
June 18, 2023  |  Commerce Connected

The Federal Reserve has signaled it will pause rate hikes.  In the meantime, the U.S. consumer keeps spending.  Economic data released over the past few...

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CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
June 12, 2023  |  Connected Economy

The third quarter winds its way into the last few weeks of its final month.   And in the latest weekly showing, the CE 100 Index...

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Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
Is Carvana’s Wall Street Rally an Omen for Online Car Platforms?
May 31, 2023  |  Markets

One day’s surge on Wall Street may be a blip, or it may be an omen. Shares of Carvana rocketed up more than 16% Tuesday (May 30)....

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CE 100 Index Down 0.3% as Shopping Losses Temper Porch, Affirm Gains
CE 100 Index Down 0.3% as Shopping Losses Temper Porch, Affirm Gains
May 15, 2023  |  Connected Economy

Earnings season is wrapping up.  And movement in the “Shopping” and “Live” pillars helped determine the fate of the CE 100 Index, which lost 0.3%...

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Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
May 10, 2023  |  eCommerce

For the online car platforms, the path towards profitability is a bumpy one … … and the macro pressures are hardly in the rearview mirror....

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