Vroom eyes profitability on heels of IPO | Auto Finance News | Auto Finance News

Vroom eyes profitability on heels of IPO

A monitor displays stock market information on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 12, 2020. Photographer: Michael Nagle/Bloomberg

Vroom has its sights set on profitability as it comes off its initial public offering yesterday that landed the online used-car retailer a $2.8 billion enterprise valuation, Dave Jones, chief financial officer, told Auto Finance News. Vroom’s value doubled before the market closed on its first day of trading. The New York-based retailer plans to […]

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