About Shift Technologies, Inc
Shift Technologies, Inc. provides end-to-end auto ecommerce platform for buying and selling of used cars. The company operates through two segments, Retail and Wholesale. It engages in the retail sale of used vehicles through its platform that enables mobile digital transaction, such as car searching, scheduling an on-demand test drive, and purchasing at home or at the preferred site of a test drive, as well as provides financing and services. The company also provides value added products, such as vehicle service contracts, guaranteed asset protection waiver coverage, prepaid maintenance plans, and appearance protection plan. In addition, it is involved in the sale of used vehicles through wholesale auctions or directly to a wholesaler. The company was founded in 2013 and is based in San Francisco, California. Address: 2525 16th Street, San Francisco, CA, United States, 94103-4234
Shift Technologies, Inc News and around…
Latest news about Shift Technologies, Inc (SFT) common stock and company :
SAN FRANCISCO, May 26, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today announced that senior management will participate in the following upcoming investor conferences: William Blair 42nd Annual Growth Stock ConferenceDate: Wednesday, June 8th, 2022*Presentation to be webcast live at 8:40 AM PT Oppenheimer 22nd Annual Consumer Growth and E-Commerce ConferenceDate: Wednesday, June 15th, 2022*Presentat
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Less than two years after going public through a reverse merger, Shift Technologies is casting doubt on its ability to survive the next 12 months due to mounting losses. The San Francisco-based used vehicle platform is trying to raise additional capital through the sale of common stock and is "actively engaged in other efforts to raise debt or equity capital," according to a quarterly report filed with the SEC on May 10. "The company has evaluated whether there are conditions and events, considered in the aggregate, that raise substantial doubt about the company’s ability to continue as a going concern within one year," Shift said in the SEC filing.
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SAN FRANCISCO, May 12, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, has closed its acquisition of certain assets of Fair Financial Corp. and certain of its subsidiaries (“Fair”) and the acquisition of the equity interests of a subsidiary of Fair. Concurrently with the closing of the Fair acquisition, Shift also closed the issuance of senio
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SFT earnings call for the period ending March 31, 2022.
Shift Tech (SFT) delivered earnings and revenue surprises of 2.78% and 4.47%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Achieved record revenue and units sold levels in the first quarter; year-over-year growth of 107% and 45%, respectivelyTotal Gross Profit of $10.8 million, an increase of 46% year-over-yearProjecting 49% year-over-year Q2'2022 revenue growth, at the midpoint of management guidance rangeManagement reiterates full year 2022 guidance SAN FRANCISCO, May 10, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today
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After three years of recommending the company, Wells Fargo analyst Zachary Fadem downgraded the stock, as well as shares of other online sellers of used cars.
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Investors in Shift Technologies Inc (SFT) saw new options begin trading this week, for the June 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SFT options chain for the new June 17th contracts and identified the following call contract of particular interest.
Shift Technologies, Inc. ( NASDAQ:SFT ) shareholders should be happy to see the share price up 16% in the last month...
SAN FRANCISCO, April 08, 2022 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, announced today that it will report its financial results for the first quarter 2022, which ended March 31, 2022. The conference call, hosted by management, will take place on Tuesday, May 10, 2022 at 2:00 p.m. PT (5:00 p.m. ET) and will cover the company’s business and financial results.
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Shift Technologies, Inc (SFT) is a NASDAQ Common Stock listed in Common Stock, Other
