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Vroom, Inc. (VRM)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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44.24+1.51 (+3.53%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous close42.73
Open42.89
Bid43.36 x 800
Ask44.34 x 1200
Day's range42.71 - 44.39
52-week range26.96 - 75.49
Volume1,012,709
Avg. volume2,171,092
Market cap6.037B
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date10-Aug-2021 - 16-Aug-2021
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est52.45
  • Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Dallas Locals
    GlobeNewswire

    Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Dallas Locals

    Car Buyers Within 70-Mile Radius Receive More Personalized Service, Direct to Their DrivewaysDALLAS, May 27, 2021 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Dallas hub and a more customized driveway experience for nearly 7 million people in over 1,000 zip codes within a 70-mile radius. Vroom has delivered in the Dallas area since the company was founded in 2012 and is now offering an experience that includes a more personalized concierge service where customer advocates transport cars directly to car buyers’ driveways on Vroom-branded trucks and show them how to use their new vehicles. Vroom’s Dallas Last Mile hub is located in Euless, Texas. Vroom’s mission is to offer the best driveway experience possible for both delivery and pickup, especially as the pandemic has increased consumer appetite for remote car buying and selling. Car purchases by Dallas-area Vroom customers increased by 16% year-over-year from 2020 to 2021, and cars sold to Vroom by consumers increased by 254%. With an emphasis on customer service, Vroom is taking a unique approach by recruiting employees with hospitality and client service experience. Bolstered by Vroom’s Chief Logistics Officer, Mary Kay Wegner, and her logistics leadership team, led by new VP of Transportation, John Piatak, who manages Vroom’s delivery hubs nationwide and joined Vroom after leading logistics at Carvana, the company recently made its 1000th Last Mile delivery. “With our valued customers in mind, creating a more personalized driveway experience and rolling out more local hubs across the country has been a priority for us at Vroom and we’re excited to launch this offering in Dallas, one of the largest cities in Texas and home to the second most licensed drivers in the United States,” said Wegner. “As we prioritize expanding the Last Mile experience nationwide, we’ll continue to grow and invest in our senior logistics team to support these efforts.” Through its ecommerce platform and data-driven technology, Vroom offers thousands of low-mileage, reconditioned vehicles with delivery to consumers wherever they are in the U.S. It also arranges financing through leading lenders and offers warranty and other value-added products that provide convenience for customers. In addition to providing a better way to buy a car, Vroom’s Sell Us Your Car® offering allows customers who wish to sell or trade in their vehicles to receive appraisals within minutes, attractive market-based pricing, hassle-free loan payoffs and convenient vehicle pickup. For more information on Vroom’s car buying and selling options, visit Vroom.com. About Vroom:Vroom is an innovative, end-to-end ecommerce platform designed to offer a better way to buy and a better way to sell used vehicles. The company's scalable, data-driven technology brings all phases of the vehicle buying and selling process to consumers wherever they are and offers an extensive selection of vehicles, transparent pricing, competitive financing, and at-home pick-up and delivery. Vroom is based in New York and Houston and also operates the Texas Direct Auto and CarStory brands. Media Contact:Moxie Communications GroupAlyssa Galellavroom@moxiegrouppr.com (562) 294-6261 Source: Vroom, Inc.

  • Final Deadline Alert for Shareholders with Losses Exceeding $250K to Actively Participate in Class Action Against Vroom, Inc. (VRM) - Bronstein, Gewirtz & Grossman, LLC
    GlobeNewswire

    Final Deadline Alert for Shareholders with Losses Exceeding $250K to Actively Participate in Class Action Against Vroom, Inc. (VRM) - Bronstein, Gewirtz & Grossman, LLC

    NEW YORK, May 21, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Vroom, Inc. ("Vroom" or "the Company") (NASDAQ: VRM) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Root securities between June 9, 2020 and March 3, 2021, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/vrm. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose that: (1) Vroom had not demonstrated that it was able to control and scale growth in respect to its salesforce to meet the demand for its products; (2) as a result, the Company was forced to discount aged inventory to move through its retail channels or liquidated in its wholesale channels; (3) as a result, the ecommerce gross profit per unit was reasonably likely to decline; and (4) consequently, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/vrm or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Vroom you have until May 21, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes. Contact:Bronstein, Gewirtz & Grossman, LLCPeretz Bronstein or Yael Hurwitz 212-697-6484 | info@bgandg.com

  • VRM DEADLINE: Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against Vroom, Inc. – VRM
    GlobeNewswire

    VRM DEADLINE: Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against Vroom, Inc. – VRM

    NEW YORK, May 20, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Vroom, Inc. (NASDAQ: VRM) between November 11, 2020 and March 3, 2021, inclusive (the “Class Period”). To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=vroom-inc&id=2671 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action. 如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=vroom-inc&id=2671 If you wish to serve as lead plaintiff, you must move the Court before the May 21, 2021 DEADLINE. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that- Vroom had not demonstrated that it was able to control and scale growth in respect to its salesforce to meet the demand for its products; as a result, the Company was forced to discount aged inventory to move through its retail channels or liquidated in its wholesale channels; as a result, the ecommerce gross profit per unit was reasonably likely to decline; and as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time. Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes. Zhang Investor Law P.C.99 Wall Street, Suite 232New York, New York 10005info@zhanginvestorlaw.comtel: (800) 991-3756