{"id":451148,"date":"2021-03-04T14:31:09","date_gmt":"2021-03-04T19:31:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451148"},"modified":"2021-03-04T14:31:09","modified_gmt":"2021-03-04T19:31:09","slug":"investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-vroom-inc-vrm-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-vroom-inc-vrm-on-behalf-of-investors\/","title":{"rendered":"INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Vroom, Inc. (VRM) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Vroom, Inc. (VRM) on Behalf of Investors<\/b><\/p>\n

BENSALEM, Pa.–(BUSINESS WIRE<\/a>)–
\nLaw Offices of Howard G. Smith announces an investigation on behalf of Vroom, Inc. (\u201cVroom\u201d or the \u201cCompany\u201d) (NASDAQ: VRM<\/a>) investors concerning the Company\u2019s possible violations of federal securities laws.\n<\/p>\n

\nOn March 3, 2021, after the market closed, Vroom announced its fourth quarter and full year 2020 financial results in a press release. Therein, the Company reported that fourth quarter \u201cEcommerce Vehicle gross profit per unit decreased 13.1% to $878, driven primarily by lower sales margins, partially offset by improvements in inbound logistics and reconditioning costs per unit.\u201d Vroom also reported that for the fourth quarter, its \u201c[n]et loss increased 41.9% to $60.7 million.\u201d\n<\/p>\n

\nOn this news, the Company\u2019s stock price fell as much as $13.24, or 30%, during intraday trading on March 4, 2021.\n<\/p>\n

\nIf you purchased Vroom securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210304005976\/en\/<\/a><\/span><\/p>\n

\nLaw Offices of Howard G. Smith
\n
Howard G. Smith, Esquire
\n
215-638-4847
\n
888-638-4847
\n
howardsmith@howardsmithlaw.com
\n<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Vroom, Inc. (VRM) on Behalf of Investors BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith announces an investigation on behalf of Vroom, Inc. (\u201cVroom\u201d or the \u201cCompany\u201d) (NASDAQ: VRM) investors concerning the Company\u2019s possible violations of federal securities laws. On March 3, 2021, after the market closed, Vroom announced its fourth quarter and full year 2020 financial results in a press release. Therein, the Company reported that fourth quarter \u201cEcommerce Vehicle gross profit per unit decreased 13.1% to $878, driven primarily by lower sales margins, partially offset by improvements in inbound logistics and reconditioning costs per unit.\u201d Vroom also reported that for the fourth quarter, its \u201c[n]et loss … <\/p>\n

Continue reading “INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Vroom, Inc. (VRM) on Behalf of Investors”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-451148","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Vroom, Inc. 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(\u201cVroom\u201d or the \u201cCompany\u201d) (NASDAQ: VRM) investors concerning the Company\u2019s possible violations of federal securities laws. On March 3, 2021, after the market closed, Vroom announced its fourth quarter and full year 2020 financial results in a press release. Therein, the Company reported that fourth quarter \u201cEcommerce Vehicle gross profit per unit decreased 13.1% to $878, driven primarily by lower sales margins, partially offset by improvements in inbound logistics and reconditioning costs per unit.\u201d Vroom also reported that for the fourth quarter, its \u201c[n]et loss … Continue reading "INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Vroom, Inc. 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