NEW YORK, May 19, 2022--As previously announced, Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, is hosting a virtual analyst and investor event on Thursday, May 26th, 2022. The event will begin at 9:00 am ET and is expected to conclude at approximately 12:00 pm ET. Members of the leadership team will provide a presentation on Vroom’s recently announced Business Realignment Plan, key initiatives, and strategies for positioning Vroom for long term pr
TrueCar is an online platform that links car buyers and dealers together, and uses its database of pricing information to give both parties an accurate, fair price of each car on the platform. Buyers and dealers are able to use the ‘TruePrice’ offer the system creates, or come to their own price during the negotiation process. Now TrueCar says 60% of its users want to complete the full car buying process online. That’s where a new pilot program in Florida called TrueCar+ comes into play.
Vroom (VRM) delivered earnings and revenue surprises of 31.07% and 5.59%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?