|Bid||23.15 x 3100|
|Ask||23.49 x 800|
|Day's Range||23.11 - 24.75|
|52 Week Range||23.00 - 54.92|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Joining us on the call today are Paul Hennessy, chief executive officer; and Dave Jones, chief financial officer. Also, in the second quarter, Vroom completed a $625 million convertible note offering, further strengthening our balance sheet, and bringing our cash balance to almost $1.5 billion at the end of the second quarter.
Vroom (VRM) delivered earnings and revenue surprises of 0.00% and 16.86%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Vroom Inc. drop more than 3% late Wednesday after the online used-car retailer reported a narrower-than-expected quarterly loss and sales that were above Wall Street expectations but called for fewer unit sales in the current quarter.