The stock price for each of these companies dropped more than 5% on Tuesday.
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News & Analysis: Vroom, Inc.
VRM earnings call for the period ending March 31, 2021.
Vroom attempts to capitalize on the future of automotive e-commerce.
Before buying the dip on this online car dealer, there are a few things you should know.
VRM earnings call for the period ending December 31, 2020.
The e-commerce auto retailer reported a fourth-quarter net loss that sharply increased year over year.
The online used car dealer rose with the help of an analyst upgrade.
An acquisition strengthened the company's focus on data science.
A drop in revenue and steep net losses aren't what Wall Street had in mind.
Investors weren't impressed, but this business is headed in the right direction.