CZOO - Cazoo Group Ltd
After hours:
| Previous close | 1.4900 |
| Open | 1.5400 |
| Bid | 1.3300 x 1100 |
| Ask | 2.3400 x 800 |
| Day's range | 1.3300 - 1.5400 |
| 52-week range | 1.1600 - 35.8000 |
| Volume | |
| Avg. volume | 182,855 |
| Market cap | 51.805M |
| Beta (5Y monthly) | 1.69 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Sky News
Cazoo debtholders draft in bankers ahead of crunch talks
Lenders to Cazoo, the British-based online car retailer, have enlisted bankers to spearhead talks with the company about a £510m debt restructuring. Sky News understands that the holders of convertible notes due for repayment in 2027 have engaged PJT Partners to advise them on negotiations with the company. The discussions were flagged by Cazoo in a statement to the New York Stock Exchange, where it is listed, earlier this week.
- Evening Standard
Cazoo charts course to profitability as sales slip
There are tentative signs Cazoo is heading for profitability as the online car retailer said it was taking a more targeted approach to buying and selling vehicles amid a drop in revenues. Cazoo shares rose 7% to $2 in pre-market trading in New York. Cazoo shares have fallen a staggering 95% over the past year as the car retailer was hit by soaring inflation, rising interest rates and supply chain struggles caused by the Covid pandemic and war in Ukraine.
- Fool.co.uk
Down 99%! Should I buy this penny stock owned by Shell?
Shell is invested in UK car start-up Cazoo, which has lost 99% of its value. Should I add this battered penny stock to my portfolio? The post Down 99%! Should I buy this penny stock owned by Shell? appeared first on The Motley Fool UK.
- Yahoo Finance UK
Arm chooses New York for key technology listing in 'kick in the teeth' for London
Moves to list the chip designer in US come as UK tries to sharpen appeal.
- The Telegraph
Cazoo forced to restructure shares to avoid stock market delisting
Cazoo has been forced to restructure its shares to avoid being kicked off the New York Stock Exchange.
- Evening Standard
Cazoo axes jobs and slashes sales targets as founder Alex Chesterman quits as CEO
Cazoo shares have fallen 93% over the past year, with the firm posting a £243 million loss in the first half of 2022
- The Telegraph
Cazoo chief executive steps down after 97pc collapse in value
Cazoo, the beleaguered online used car dealer, said its founder Alex Chesterman will step down as chief executive after a 97pc collapse in share price.
- The Guardian
Cazoo to abandon its business operations in Europe and cut 750 jobs
UK online car retailer will make all of its employees in France, Germany, Italy and Spain redundant
- Evening Standard
Online car seller Cazoo performs Europe u-turn to focus on UK
The firm has opted to pull out of the four mainland European countries where it has a presence and focus on the UK in a bid to maintain its profitability targets and to avoid seeking eternal funding.
- The Independent
Cazoo cuts 750 staff amid car market closures across Europe
The online car retailer said it had taken the ‘tough decision’ to focus solely on its UK business and shave off 15% of its workforce.
- Simply Wall St.
Favorable turn of events for Cazoo Group Ltd (NYSE:CZOO) insiders who've lost UK£133k to date on a UK£1.0m purchase
Some of the losses seen by insiders who purchased UK£1.0m worth of Cazoo Group Ltd ( NYSE:CZOO ) shares over the past...
- The Telegraph
The serial entrepreneur who took a wrong turn on the second-hand car boom
When Alex Chesterman launched Cazoo, the entrepreneur admitted he was imitating US business Carvana in bringing app-based car sales to Britain.
