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VRM Vroom Inc

9.01
-0.23 (-2.49%)
19 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vroom Inc NASDAQ:VRM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.23 -2.49% 9.01 6.50 45.00 9.29 8.8113 9.19 29,270 05:00:08

Vroom Released Long-term Strategic Plan

23/09/2024 1:30pm

Business Wire


Vroom (NASDAQ:VRM)
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From Oct 2024 to Oct 2024

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Vroom, Inc. (Nasdaq: VRM) today released an investor presentation (the “Investor Presentation”) which includes the Company’s long-term strategic plan and key initiatives. A copy of the Investor Presentation is available at ir.vroom.com.

On January 22, 2024, the Company announced a Value Maximization Plan, pursuant to which the Company discontinued its ecommerce operations and wound down its used vehicle dealership. Since the announcement in January, the Company has been focused on building a long-term strategic plan leveraging its remaining assets to improve the profitability of the business.

About Vroom (Nasdaq: VRM)

Vroom owns and operates United Auto Credit Corporation (UACC), a leading automotive lender serving the independent and franchise dealer market nationwide, and CarStory, a leader in AI-powered analytics and digital services for automotive retail. During fiscal 2023, Vroom also operated an end-to-end ecommerce platform to buy and sell used vehicles which wound down earlier this year.

Investor Relations: Vroom Jon Sandison investors@vroom.com

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