Vroom

Shopify’s Surge Can’t Keep CE 100 Index From Slipping 1.5%
Shopify’s Surge Can’t Keep CE 100 Index From Slipping 1.5%
November 18, 2024  |  Connected Economy

The scorching post-election rally that lifted stocks across all market capitalizations and verticals paused this past week. Even post-earning surges in select CE 100 names...

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Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
Vroom Files for Bankruptcy, Says Subsidiaries Not Expected to Follow
November 13, 2024  |  Business

Automotive finance company and digital services platform Vroom filed for Chapter 11 bankruptcy Wednesday (Nov. 13), saying in a filing with the Securities and Exchange Commission (SEC) that it...

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Shop and Healthcare Pillars Surge Amid Strategic Shifts, but CE 100 Sees Slight Decline
Shop and Healthcare Pillars Surge Amid Strategic Shifts, but CE 100 Sees Slight Decline
October 07, 2024  |  Connected Economy

The CE 100 Index slipped 0.6% as October’s first few days of trading brought investors firmly into the fourth quarter while reversing some of the...

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Chinese Stocks Tencent and Pinduoduo Soar, Drive CE 100 Index 2.2% Higher
Chinese Stocks Tencent and Pinduoduo Soar, Drive CE 100 Index 2.2% Higher
September 30, 2024  |  Connected Economy

The CE 100 Index got a boost this week from China. The overall Index’s 2.2% rally came as two of our names — Pinduoduo and...

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Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
Vroom Completes Business Wind-Down; Shifts Focus to Core Assets
September 23, 2024  |  Transportation

In a move to redefine its future, used car digital marketplace Vroom on Tuesday (Sept. 23) said it completed the wind-down of its eCommerce and...

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BNPL Firms Save the Day as CE 100 Breaks Even for Week
BNPL Firms Save the Day as CE 100 Breaks Even for Week
September 02, 2024  |  Connected Economy

It doesn’t have a dedicated heading in the Connected Economy, but the Buy Now, Pay Later sector of the “pay and get paid” pillar tore...

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CE 100 Index Surges 4.7% as Vroom Steers Toward Double-Digit Growth
CE 100 Index Surges 4.7% as Vroom Steers Toward Double-Digit Growth
August 19, 2024  |  Connected Economy

Earnings were everywhere this past week, propelling the CE 100 Index 4.7% higher, and any losses seen among our names were negligible.  In fact, most...

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CE 100 Index Q4 Wrap-Up and Q1 Outlook
CE 100 Index Q4 Wrap-Up and Q1 Outlook
August 12, 2024  |  Connected Economy

The CE 100 Index lost 0.2% last week in the wake of earnings reports that, over the course of the past several days, have moved...

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FTC Says Vroom Agrees to $1 Million Settlement
FTC Says Vroom Agrees to $1 Million Settlement
July 02, 2024  |  Legal

Vroom, the online used car dealer that discontinued its eCommerce operations in January, has reportedly agreed to a proposed settlement that would include it paying $1 million...

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