Vroom and Carvana: A tale of two IPOs | Auto Finance News | Auto Finance News

Vroom and Carvana: A tale of two IPOs

© Can Stock Photo / solarseven

Timing is everything. Vroom priced an initial public offering this week, and shares shot up 118% to $47.90 each in their first day of trading, sending the company’s valuation soaring above $5 billion. “Vroom is an innovative, end-to-end e-commerce platform that is transforming the used-vehicle industry by offering a better way to buy and a […]

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