Vroom faces financial concerns and liquidity issues, with a market capitalization well below its book value. In 2023, Vroom undertook strategic changes, including workforce reduction and a shift to an ...

Vroom's business model was fundamentally flawed, leading to its Chapter 11 bankruptcy in November. Post-bankruptcy, Vroom shifted to subprime auto-lending, but continues to suffer from high default ...

Vroom shares fall over 50% in after-hours trading. Vroom announces it is discontinuing its e-commerce operations and winding down its used vehicle dealership business. Get ahead of next week’s CPI & ...