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VRMMQ Vroom News Story

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TechnologyHighly SpeculativeMicro CapValue Trap

Vroom slides on wider Q2 loss

** Shares of online used-car seller  VRM.O  down 10.6% at
$2.20 before the bell
    ** Says Q2 e-commerce revenue fell 44.5% to $321.6 mln
 urn:newsml:reuters.com:*:nBw3kDfRda
    ** Total revenue also down 37.6% at $475.4 mln 
    ** Q2 net loss widens to $115 mln from $65.8 mln a year ago
    ** VRM stock down 77.2% YTD, as of last close

 (Reporting by Eva Mathews in Bengaluru)
 ((Eva.mathews@thomsonreuters.com))

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