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Benzinga
Benzinga
Business
Adam Eckert

Why Vroom Shares Are Racing Higher Today

Vroom Nasdaq VRM

Vroom Inc (NASDAQ:VRM) shares are trading higher Tuesday after the company announced better-than-expected financial results. 

Vroom said first-quarter revenue increased 56.3% year-over-year to $923.77 million, which beat the $878.13 million estimate, according to data from Benzinga Pro. The company reported a quarterly loss of 71 cents per share, which beat the estimate for a loss of $1.01 per share.

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