Could Vroom’s Stock (NASDAQ: VRM) Surpass $100?

Carvana’s rival Vroom just made triumphal fundraising via IPO on Tuesday. 117.73% rise within one day by trading 16,366,501 shares NASDAQ: VRM has already crossed $50 when NYSE: CVNA attracts with $113.55. Soon $100 aim could be achieved as the U.S economy recently reopened and demand for used cars is on the rise.

Having a red color site with many specs and features like Carvana has, Vroom does not add details on the front page. Maybe, this style could lure visitors who eventually buy, sell, or trade cars on its platform.

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Everyone has different preferences in choosing the right auto site. Before referring to Carvana or Vroom, most people visit Edmunds that came up with an idea of appraising cars to serve the public. Shortly, we all may see IPO debut from Edmunds too.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life