Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
An update from Vroom ( (VRMMQ) ) is now available.
Vroom, Inc. has initiated a Prepackaged Chapter 11 Case to restructure its operations and has been notified by Nasdaq of delisting due to non-compliance with listing standards. The company is implementing a Bankruptcy Emergence Issuance Adjustment, converting common stock at a 1-for-5 ratio to meet Nasdaq’s listing criteria, ensuring shareholder liquidity post-bankruptcy, without significantly affecting shareholder rights or ownership proportions.
More about Vroom
Average Trading Volume: 60,726
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.48M
For detailed information about VRMMQ stock, go to TipRanks’ Stock Analysis page.