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02/16/23 Piper Sandler: Piper downgrades Shift Technologies on going out of business concerns

02/16/23 Piper Sandler: Shift Technologies downgraded to Neutral from Overweight at Piper Sandler

11/10/22 Oppenheimer: Shift Technologies downgraded on near-term challenges at Oppenheimer

11/10/22 Oppenheimer: Shift Technologies downgraded to Perform from Outperform at Oppenheimer

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Earnings	Shift Technologies reports Q1 EPS ($2.84), consensus ($2.53) » 16:25 05/11/23 05/11 16:25 05/11/23 16:25 SFT Shift Technologies $1.81 / -0.13 (-6.70%) Reports Q1 revenue… Reports Q1 revenue $57.7M, consensus $56.91M. "While making significant progress in managing our cost structure, our team has shown improvement in the execution of our omni-channel strategy as evidenced by the sequential improvement of total adjusted GPU to $1,777 in the first quarter, a 71% increase compared to fourth quarter 2022. In addition to our omni-channel strategy, our tech team is highly focused on preparing to launch the dealer marketplace in the third quarter 2023. I want to thank everyone for all of their hard work," said CEO Jeff Clementz. "Simultaneously, in order to maximize shareholder value, the Board of Directors, alongside management and advisors, is evaluating strategic alternatives for the business." ShowHide Related Items >><< Company News Street Research Earnings Events SFT Shift Technologies $1.81 / -0.13 (-6.70%) 03/07/23 Shift Technologies announces 1-for-10 reverse stock split 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz SFT Shift Technologies $1.81 / -0.13 (-6.70%) 02/16/23 Piper Sandler Piper downgrades Shift Technologies on going out of business concerns 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer SFT Shift Technologies $1.81 / -0.13 (-6.70%) 03/28/23 Shift Technologies reports Q4 EPS $1.25, consensus ($4.68) 05/11/23 Shift Technologies - SFT

Over a month ago
Conference/Events	DA Davidson technology analyst to hold an analyst/industry conference call » 10:50 04/06/23 04/06 10:50 04/06/23 10:50 CARG CarGurus $17.34 / -0.085 (-0.49%) , CARS Cars.com $18.73 / -0.08 (-0.43%) , TRUE TrueCar $2.11 / -0.135 (-6.03%) , CVNA Carvana $8.66 / +0.17 (+2.00%) , SFT Shift Technologies $1.18 / +0.05 (+4.42%) , VRM Vroom / + , ACVA ACV Auctions $12.01 / -0.2 (-1.64%) , RMBL RumbleON $6.76 / +0.16 (+2.42%) , CDK CDK Global $54.78 / + (+0.00%) Technology Analyst White,… Technology Analyst White, along with Jeff Rubin, Chief Operations Officer of Competition Auto Group, discusses the current health of the local auto dealership in the US, dealer priorities for digital marketing in 2023 and trends in dealer gross margins/profitability on an Analyst/Industry conference call to be held on April 6 at 11 am. ShowHide Related Items >><< Company News Street Research Earnings Syndicate Periodicals On The Fly Events Options VRM TRUE SFT RMBL CVNA CARG ACVA VRM Vroom / + 11/07/22 Vroom forecasting year-end liquidity near midpoint of prior guidance TRUE TrueCar $2.11 / -0.135 (-6.03%) 02/24/23 TrueCar forecasts 1,117,400 total new vehicle industry sales in Feb, up 5.6% y/y 02/22/23 TrueCar says new vehicle inventories are starting to recover 02/22/23 TrueCar reports Q4 units 77,000 vs. 101,000 a year ago 02/21/23 TrueCar announces new leadership appointments SFT Shift Technologies $1.18 / +0.05 (+4.42%) 03/07/23 Shift Technologies announces 1-for-10 reverse stock split 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz RMBL RumbleON $6.76 / +0.16 (+2.42%) 04/05/23 RumbleON issues statement regarding Coulter, Tkach preliminary proxy statement 04/05/23 Two large stockholders of RumbleON send letter to fellow stockholders 03/15/23 RumbleON largest stockholders to nominate five candidates for board 01/20/23 RumbleON promotes Blake Lawson to Chief Financial Officer CVNA Carvana $8.66 / +0.17 (+2.00%) 03/30/23 Carvana rises 14.1% 03/22/23 Major Carvana bondholders reportedly to oppose restructuring plan 03/22/23 Carvana rises 23.6% 03/22/23 Carvana rises 16.3% CARG CarGurus $17.34 / -0.085 (-0.49%) 12/08/22 CarGurus announces $250M share repurchase program 11/09/22 CarGurus trading resumes 11/09/22 CarGurus trading halted, volatility trading pause 11/08/22 CarGurus down over 15% following release of Q3 earnings report, Q4 guidance ACVA ACV Auctions $12.01 / -0.2 (-1.64%) 03/31/23 ACV Auctions surpasses 3M vehicle inspections, 2M vehicles sold CARG CARS TRUE CVNA SFT VRM ACVA RMBL CDK CARG CarGurus $17.34 / -0.085 (-0.49%) 03/01/23 Raymond James CarGurus price target raised to $20 from $16 at Raymond James 03/01/23 Citi CarGurus price target raised to $18 from $14 at Citi 02/16/23 Piper Sandler CarGurus downgraded to Underweight on execution risk at Piper Sandler 02/16/23 Piper Sandler CarGurus downgraded to Underweight from Neutral at Piper Sandler CARS Cars.com $18.73 / -0.08 (-0.43%) 02/24/23 Craig-Hallum Cars.com price target raised to $24 from $17 at Craig-Hallum 02/24/23 BTIG Cars.com price target raised to $23 from $20 at BTIG 01/03/23 BTIG Cars.com named Top Pick for first half of 2023 at BTIG 06/21/22 BTIG Cars.com price target lowered to $16 from $19 at BTIG TRUE TrueCar $2.11 / -0.135 (-6.03%) 03/14/23 Needham TrueCar upgraded to Buy from Hold at Needham 11/15/22 Craig-Hallum TrueCar price target raised to $4 from $1.50 at Craig-Hallum 11/08/22 BTIG TrueCar upgraded to Buy from Neutral at BTIG 10/31/22 JPMorgan TrueCar upgraded to Overweight from Underweight at JPMorgan CVNA Carvana $8.66 / +0.17 (+2.00%) 03/24/23 Wedbush Wedbush keeps $1 target on Carvana, says offer 'not a game-changer' 03/23/23 Evercore ISI Carvana price target raised to $10 from $9 at Evercore ISI 03/23/23 TD Cowen Carvana price target raised to $8 from $7 at TD Cowen 03/23/23 JPMorgan Carvana business de-scaling overshadows cost cuts, says JPMorgan SFT Shift Technologies $1.18 / +0.05 (+4.42%) 02/16/23 Piper Sandler Piper downgrades Shift Technologies on going out of business concerns 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer VRM Vroom / + 02/16/23 Piper Sandler Vroom price target lowered to $1 from $3.13 at Piper Sandler 12/09/22 Jefferies Vroom price target lowered to $1.10 from $1.30 at Jefferies 11/22/22 Baird Vroom downgraded to Neutral from Outperform at Baird 11/17/22 JPMorgan Vroom upgraded to Neutral at JPMorgan on increasing downside support ACVA ACV Auctions $12.01 / -0.2 (-1.64%) 02/24/23 Barrington ACV Auctions price target raised to $16 from $14 at Barrington 02/16/23 Piper Sandler ACV Auctions downgraded to Neutral on valuation at Piper Sandler 02/16/23 Piper Sandler ACV Auctions downgraded to Neutral from Overweight at Piper Sandler 01/05/23 Needham ACV Auctions named Top Pick for 2023, added to Conviction List at Needham RMBL RumbleON $6.76 / +0.16 (+2.42%) 03/29/23 B. Riley B. Riley 'defending' RumbleOn after Polaris Xchange launch 03/17/23 B. Riley RumbleON price target lowered to $15 from $26 at B. Riley 11/25/22 Baird RumbleON price target lowered to $10 from $15 at Baird 11/10/22 B. Riley RumbleON price target lowered to $26 from $38 at B. Riley CDK CDK Global $54.78 / + (+0.00%) 04/07/22 Barrington CDK Global downgraded to Underperform from Outperform at Barrington VRM TRUE SFT RMBL CVNA CARS CARG ACVA VRM Vroom / + 02/28/23 Vroom sees FY23 adjusted EBITDA ($250M)-($200M) 02/28/23 Vroom reports Q4 EPS 18c, two estimates (69c) 11/07/22 Vroom reports Q3 EPS (64c), consensus (62c) TRUE TrueCar $2.11 / -0.135 (-6.03%) 02/22/23 TrueCar reports Q4 cont ops EPS (21c), consensus (14c) 11/07/22 TrueCar reports Q3 cont ops EPS (85c), consensus (11c) SFT Shift Technologies $1.18 / +0.05 (+4.42%) 03/28/23 Shift Technologies reports Q4 EPS $1.25, consensus ($4.68) RMBL RumbleON $6.76 / +0.16 (+2.42%) 03/16/23 RumbleON reports Q4 EPS (68c), consensus (14c) 11/09/22 RumbleON reports Q3 EPS 27c, consensus 65c CVNA Carvana $8.66 / +0.17 (+2.00%) 03/22/23 Carvana sees Q1 revenue $2.4B-$2.6B, consensus $2.7B 02/23/23 Carvana reports Q4 EPS ($7.61) vs ($1.02) last year 02/23/23 Notable companies reporting after market close 11/03/22 Carvana sees sequential reduction in retail units sold in Q4 CARS Cars.com $18.73 / -0.08 (-0.43%) 02/23/23 Cars.com sees 2023 revenue growth 3%-6%, consensus $687.96M 02/23/23 Cars.com sees Q1 revenue $166M-$168M, consensus $167.47M 02/23/23 Cars.com reports Q4 EPS 15c, consensus 9c 11/03/22 Cars.com sees Q4 revenue $165M-$167M, consensus $169.46M CARG CarGurus $17.34 / -0.085 (-0.49%) 02/28/23 CarGurus sees Q1 EPS 17c-19c, consensus 12c 02/28/23 CarGurus reports Q4 EPS 22c, consensus 10c 11/08/22 CarGurus sees FY22 EPS $1.02-$1.05, consensus $1.20 11/08/22 CarGurus sees Q4 EPS 13c-16c, consensus 29c ACVA ACV Auctions $12.01 / -0.2 (-1.64%) 02/22/23 ACV Auctions sees FY23 revenue $460M-$470M, consensus $462.39M 02/22/23 ACV Auctions sees Q1 revenue $107M-$110M, consensus $105.95M 02/22/23 ACV Auctions reports Q4 revenue $98M, consensus $99.25M 11/09/22 ACV Auctions sees FY22 revenue $ $421M-$424M, consensus $428M 22 Apr CVNA CVNA Carvana $8.66 / +0.17 (+2.00%) 03/22/23 Holders of most of Carvana bonds oppose restructuring plan, Bloomberg says 03/22/23 Carvana looking to restructure $9B debt load, FT reports 01/30/23 Carvana, CarMax pressured by 'abrupt end' to pandemic used-car boom, NYT says 01/13/23 Carvana further cutting staff amid deeper sales slowdown, WSJ says TRUE SFT RMBL CVNA CARG ACVA TRUE TrueCar $2.11 / -0.135 (-6.03%) 03/14/23 What You Missed On Wall Street On Tuesday 03/14/23 What You Missed On Wall Street This Morning 10/31/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations SFT Shift Technologies $1.18 / +0.05 (+4.42%) 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations RMBL RumbleON $6.76 / +0.16 (+2.42%) 03/16/23 Fly Intel: Pre-market Movers CVNA Carvana $8.66 / +0.17 (+2.00%) 03/22/23 What You Missed On Wall Street On Wednesday 03/22/23 What You Missed On Wall Street This Morning 02/23/23 Fly Intel: After-Hours Movers 01/17/23 What You Missed On Wall Street On Tuesday CARG CarGurus $17.34 / -0.085 (-0.49%) 12/13/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 11/08/22 Fly Intel: After-Hours Movers ACVA ACV Auctions $12.01 / -0.2 (-1.64%) 02/23/23 What You Missed On Wall Street On Thursday 02/23/23 What You Missed On Wall Street This Morning 02/22/23 Fly Intel: After-Hours Movers 01/13/23 Sell these stocks now, proven algorithm says 04/06/23 Technology 05/18/23 Virtual Spring Investment Conference 05/01/23 Carvana Co. VRM CVNA CARG VRM Vroom / + 02/28/23 Vroom options imply 13.0% move in share price post-earnings 02/02/23 Unusually active option classes on open February 2nd 12/14/22 Largest borrow rate increases among liquid names 11/07/22 Vroom options imply 23.6% move in share price post-earnings CVNA Carvana $8.66 / +0.17 (+2.00%) 04/05/23 Carvana put buyer realizes 13% same-day gains 04/04/23 Carvana put volume heavy and directionally bearish 04/03/23 Carvana put volume heavy and directionally bearish 02/28/23 Largest borrow rate increases among liquid names CARG CarGurus $17.34 / -0.085 (-0.49%) 11/08/22 CarGurus options imply 13.6% move in share price post-earnings
Conference/Events	DA Davidson technology analyst to hold an analyst/industry conference call » 04:55 04/06/23 04/06 04:55 04/06/23 04:55 CARG CarGurus $17.44 / -0.875 (-4.78%) , CARS Cars.com $18.83 / -0.29 (-1.52%) , TRUE TrueCar $2.24 / -0.05 (-2.18%) , CVNA Carvana $8.49 / -1.01 (-10.63%) , SFT Shift Technologies $1.13 / +0.02 (+1.80%) , VRM Vroom / + , ACVA ACV Auctions $12.21 / -0.33 (-2.63%) , RMBL RumbleON $6.60 / +0.675 (+11.39%) , CDK CDK Global $54.78 / + (+0.00%) Technology Analyst White,… Technology Analyst White, along with Jeff Rubin, Chief Operations Officer of Competition Auto Group, discusses the current health of the local auto dealership in the US, dealer priorities for digital marketing in 2023 and trends in dealer gross margins/profitability on an Analyst/Industry conference call to be held on April 6 at 11 am. ShowHide Related Items >><< Company News Street Research Earnings Syndicate Periodicals On The Fly Events Options VRM TRUE SFT RMBL CVNA CARG ACVA VRM Vroom / + 11/07/22 Vroom forecasting year-end liquidity near midpoint of prior guidance TRUE TrueCar $2.24 / -0.05 (-2.18%) 02/24/23 TrueCar forecasts 1,117,400 total new vehicle industry sales in Feb, up 5.6% y/y 02/22/23 TrueCar says new vehicle inventories are starting to recover 02/22/23 TrueCar reports Q4 units 77,000 vs. 101,000 a year ago 02/21/23 TrueCar announces new leadership appointments SFT Shift Technologies $1.13 / +0.02 (+1.80%) 03/07/23 Shift Technologies announces 1-for-10 reverse stock split 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz RMBL RumbleON $6.60 / +0.675 (+11.39%) 04/05/23 RumbleON issues statement regarding Coulter, Tkach preliminary proxy statement 04/05/23 Two large stockholders of RumbleON send letter to fellow stockholders 03/15/23 RumbleON largest stockholders to nominate five candidates for board 01/20/23 RumbleON promotes Blake Lawson to Chief Financial Officer CVNA Carvana $8.49 / -1.01 (-10.63%) 03/30/23 Carvana rises 14.1% 03/22/23 Major Carvana bondholders reportedly to oppose restructuring plan 03/22/23 Carvana rises 23.6% 03/22/23 Carvana rises 16.3% CARG CarGurus $17.44 / -0.875 (-4.78%) 12/08/22 CarGurus announces $250M share repurchase program 11/09/22 CarGurus trading resumes 11/09/22 CarGurus trading halted, volatility trading pause 11/08/22 CarGurus down over 15% following release of Q3 earnings report, Q4 guidance ACVA ACV Auctions $12.21 / -0.33 (-2.63%) 03/31/23 ACV Auctions surpasses 3M vehicle inspections, 2M vehicles sold CARG CARS TRUE CVNA SFT VRM ACVA RMBL CDK CARG CarGurus $17.44 / -0.875 (-4.78%) 03/01/23 Raymond James CarGurus price target raised to $20 from $16 at Raymond James 03/01/23 Citi CarGurus price target raised to $18 from $14 at Citi 02/16/23 Piper Sandler CarGurus downgraded to Underweight on execution risk at Piper Sandler 02/16/23 Piper Sandler CarGurus downgraded to Underweight from Neutral at Piper Sandler CARS Cars.com $18.83 / -0.29 (-1.52%) 02/24/23 Craig-Hallum Cars.com price target raised to $24 from $17 at Craig-Hallum 02/24/23 BTIG Cars.com price target raised to $23 from $20 at BTIG 01/03/23 BTIG Cars.com named Top Pick for first half of 2023 at BTIG 06/21/22 BTIG Cars.com price target lowered to $16 from $19 at BTIG TRUE TrueCar $2.24 / -0.05 (-2.18%) 03/14/23 Needham TrueCar upgraded to Buy from Hold at Needham 11/15/22 Craig-Hallum TrueCar price target raised to $4 from $1.50 at Craig-Hallum 11/08/22 BTIG TrueCar upgraded to Buy from Neutral at BTIG 10/31/22 JPMorgan TrueCar upgraded to Overweight from Underweight at JPMorgan CVNA Carvana $8.49 / -1.01 (-10.63%) 03/24/23 Wedbush Wedbush keeps $1 target on Carvana, says offer 'not a game-changer' 03/23/23 Evercore ISI Carvana price target raised to $10 from $9 at Evercore ISI 03/23/23 TD Cowen Carvana price target raised to $8 from $7 at TD Cowen 03/23/23 JPMorgan Carvana business de-scaling overshadows cost cuts, says JPMorgan SFT Shift Technologies $1.13 / +0.02 (+1.80%) 02/16/23 Piper Sandler Piper downgrades Shift Technologies on going out of business concerns 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer VRM Vroom / + 02/16/23 Piper Sandler Vroom price target lowered to $1 from $3.13 at Piper Sandler 12/09/22 Jefferies Vroom price target lowered to $1.10 from $1.30 at Jefferies 11/22/22 Baird Vroom downgraded to Neutral from Outperform at Baird 11/17/22 JPMorgan Vroom upgraded to Neutral at JPMorgan on increasing downside support ACVA ACV Auctions $12.21 / -0.33 (-2.63%) 02/24/23 Barrington ACV Auctions price target raised to $16 from $14 at Barrington 02/16/23 Piper Sandler ACV Auctions downgraded to Neutral on valuation at Piper Sandler 02/16/23 Piper Sandler ACV Auctions downgraded to Neutral from Overweight at Piper Sandler 01/05/23 Needham ACV Auctions named Top Pick for 2023, added to Conviction List at Needham RMBL RumbleON $6.60 / +0.675 (+11.39%) 03/29/23 B. Riley B. Riley 'defending' RumbleOn after Polaris Xchange launch 03/17/23 B. Riley RumbleON price target lowered to $15 from $26 at B. Riley 11/25/22 Baird RumbleON price target lowered to $10 from $15 at Baird 11/10/22 B. Riley RumbleON price target lowered to $26 from $38 at B. Riley CDK CDK Global $54.78 / + (+0.00%) 04/07/22 Barrington CDK Global downgraded to Underperform from Outperform at Barrington VRM TRUE SFT RMBL CVNA CARS CARG ACVA VRM Vroom / + 02/28/23 Vroom sees FY23 adjusted EBITDA ($250M)-($200M) 02/28/23 Vroom reports Q4 EPS 18c, two estimates (69c) 11/07/22 Vroom reports Q3 EPS (64c), consensus (62c) TRUE TrueCar $2.24 / -0.05 (-2.18%) 02/22/23 TrueCar reports Q4 cont ops EPS (21c), consensus (14c) 11/07/22 TrueCar reports Q3 cont ops EPS (85c), consensus (11c) SFT Shift Technologies $1.13 / +0.02 (+1.80%) 03/28/23 Shift Technologies reports Q4 EPS $1.25, consensus ($4.68) RMBL RumbleON $6.60 / +0.675 (+11.39%) 03/16/23 RumbleON reports Q4 EPS (68c), consensus (14c) 11/09/22 RumbleON reports Q3 EPS 27c, consensus 65c CVNA Carvana $8.49 / -1.01 (-10.63%) 03/22/23 Carvana sees Q1 revenue $2.4B-$2.6B, consensus $2.7B 02/23/23 Carvana reports Q4 EPS ($7.61) vs ($1.02) last year 02/23/23 Notable companies reporting after market close 11/03/22 Carvana sees sequential reduction in retail units sold in Q4 CARS Cars.com $18.83 / -0.29 (-1.52%) 02/23/23 Cars.com sees 2023 revenue growth 3%-6%, consensus $687.96M 02/23/23 Cars.com sees Q1 revenue $166M-$168M, consensus $167.47M 02/23/23 Cars.com reports Q4 EPS 15c, consensus 9c 11/03/22 Cars.com sees Q4 revenue $165M-$167M, consensus $169.46M CARG CarGurus $17.44 / -0.875 (-4.78%) 02/28/23 CarGurus sees Q1 EPS 17c-19c, consensus 12c 02/28/23 CarGurus reports Q4 EPS 22c, consensus 10c 11/08/22 CarGurus sees FY22 EPS $1.02-$1.05, consensus $1.20 11/08/22 CarGurus sees Q4 EPS 13c-16c, consensus 29c ACVA ACV Auctions $12.21 / -0.33 (-2.63%) 02/22/23 ACV Auctions sees FY23 revenue $460M-$470M, consensus $462.39M 02/22/23 ACV Auctions sees Q1 revenue $107M-$110M, consensus $105.95M 02/22/23 ACV Auctions reports Q4 revenue $98M, consensus $99.25M 11/09/22 ACV Auctions sees FY22 revenue $ $421M-$424M, consensus $428M 22 Apr CVNA CVNA Carvana $8.49 / -1.01 (-10.63%) 03/22/23 Holders of most of Carvana bonds oppose restructuring plan, Bloomberg says 03/22/23 Carvana looking to restructure $9B debt load, FT reports 01/30/23 Carvana, CarMax pressured by 'abrupt end' to pandemic used-car boom, NYT says 01/13/23 Carvana further cutting staff amid deeper sales slowdown, WSJ says TRUE SFT RMBL CVNA CARG ACVA TRUE TrueCar $2.24 / -0.05 (-2.18%) 03/14/23 What You Missed On Wall Street On Tuesday 03/14/23 What You Missed On Wall Street This Morning 10/31/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations SFT Shift Technologies $1.13 / +0.02 (+1.80%) 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations RMBL RumbleON $6.60 / +0.675 (+11.39%) 03/16/23 Fly Intel: Pre-market Movers CVNA Carvana $8.49 / -1.01 (-10.63%) 03/22/23 What You Missed On Wall Street On Wednesday 03/22/23 What You Missed On Wall Street This Morning 02/23/23 Fly Intel: After-Hours Movers 01/17/23 What You Missed On Wall Street On Tuesday CARG CarGurus $17.44 / -0.875 (-4.78%) 12/13/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 11/08/22 Fly Intel: After-Hours Movers ACVA ACV Auctions $12.21 / -0.33 (-2.63%) 02/23/23 What You Missed On Wall Street On Thursday 02/23/23 What You Missed On Wall Street This Morning 02/22/23 Fly Intel: After-Hours Movers 01/13/23 Sell these stocks now, proven algorithm says 04/06/23 Technology 05/18/23 Virtual Spring Investment Conference 05/01/23 Carvana Co. VRM CVNA CARG VRM Vroom / + 02/28/23 Vroom options imply 13.0% move in share price post-earnings 02/02/23 Unusually active option classes on open February 2nd 12/14/22 Largest borrow rate increases among liquid names 11/07/22 Vroom options imply 23.6% move in share price post-earnings CVNA Carvana $8.49 / -1.01 (-10.63%) 04/05/23 Carvana put buyer realizes 13% same-day gains 04/04/23 Carvana put volume heavy and directionally bearish 04/03/23 Carvana put volume heavy and directionally bearish 02/28/23 Largest borrow rate increases among liquid names CARG CarGurus $17.44 / -0.875 (-4.78%) 11/08/22 CarGurus options imply 13.6% move in share price post-earnings
Conference/Events	DA Davidson technology analyst to hold an analyst/industry conference call » 14:56 04/04/23 04/04 14:56 04/04/23 14:56 CARG CarGurus $18.32 / -0.125 (-0.68%) , CARS Cars.com $19.26 / -0.205 (-1.05%) , TRUE TrueCar $2.26 / -0.045 (-1.95%) , CVNA Carvana $9.49 / +0.18 (+1.93%) , SFT Shift Technologies $1.10 / + (+0.00%) , VRM Vroom / + , ACVA ACV Auctions $12.39 / -0.37 (-2.90%) , RMBL RumbleON $5.91 / -0.45 (-7.08%) , CDK CDK Global $54.78 / + (+0.00%) Technology Analyst White,… Technology Analyst White, along with Jeff Rubin, Chief Operations Officer of Competition Auto Group, discusses the current health of the local auto dealership in the US, dealer priorities for digital marketing in 2023 and trends in dealer gross margins/profitability on an Analyst/Industry conference call to be held on April 6 at 11 am. ShowHide Related Items >><< Company News Street Research Earnings Syndicate Periodicals On The Fly Events Options VRM TRUE SFT RMBL CVNA CARG ACVA VRM Vroom / + 11/07/22 Vroom forecasting year-end liquidity near midpoint of prior guidance TRUE TrueCar $2.26 / -0.045 (-1.95%) 02/24/23 TrueCar forecasts 1,117,400 total new vehicle industry sales in Feb, up 5.6% y/y 02/22/23 TrueCar says new vehicle inventories are starting to recover 02/22/23 TrueCar reports Q4 units 77,000 vs. 101,000 a year ago 02/21/23 TrueCar announces new leadership appointments SFT Shift Technologies $1.10 / + (+0.00%) 03/07/23 Shift Technologies announces 1-for-10 reverse stock split 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz RMBL RumbleON $5.91 / -0.45 (-7.08%) 03/15/23 RumbleON largest stockholders to nominate five candidates for board 01/20/23 RumbleON promotes Blake Lawson to Chief Financial Officer 11/14/22 Paulson adds Rumble, exits Occidental in Q3 CVNA Carvana $9.49 / +0.18 (+1.93%) 03/30/23 Carvana rises 14.1% 03/22/23 Major Carvana bondholders reportedly to oppose restructuring plan 03/22/23 Carvana rises 23.6% 03/22/23 Carvana rises 16.3% CARG CarGurus $18.32 / -0.125 (-0.68%) 12/08/22 CarGurus announces $250M share repurchase program 11/09/22 CarGurus trading resumes 11/09/22 CarGurus trading halted, volatility trading pause 11/08/22 CarGurus down over 15% following release of Q3 earnings report, Q4 guidance ACVA ACV Auctions $12.39 / -0.37 (-2.90%) 03/31/23 ACV Auctions surpasses 3M vehicle inspections, 2M vehicles sold CARG CARS TRUE CVNA SFT VRM ACVA RMBL CDK CARG CarGurus $18.32 / -0.125 (-0.68%) 03/01/23 Raymond James CarGurus price target raised to $20 from $16 at Raymond James 03/01/23 Citi CarGurus price target raised to $18 from $14 at Citi 02/16/23 Piper Sandler CarGurus downgraded to Underweight on execution risk at Piper Sandler 02/16/23 Piper Sandler CarGurus downgraded to Underweight from Neutral at Piper Sandler CARS Cars.com $19.26 / -0.205 (-1.05%) 02/24/23 Craig-Hallum Cars.com price target raised to $24 from $17 at Craig-Hallum 02/24/23 BTIG Cars.com price target raised to $23 from $20 at BTIG 01/03/23 BTIG Cars.com named Top Pick for first half of 2023 at BTIG 06/21/22 BTIG Cars.com price target lowered to $16 from $19 at BTIG TRUE TrueCar $2.26 / -0.045 (-1.95%) 03/14/23 Needham TrueCar upgraded to Buy from Hold at Needham 11/15/22 Craig-Hallum TrueCar price target raised to $4 from $1.50 at Craig-Hallum 11/08/22 BTIG TrueCar upgraded to Buy from Neutral at BTIG 10/31/22 JPMorgan TrueCar upgraded to Overweight from Underweight at JPMorgan CVNA Carvana $9.49 / +0.18 (+1.93%) 03/24/23 Wedbush Wedbush keeps $1 target on Carvana, says offer 'not a game-changer' 03/23/23 Evercore ISI Carvana price target raised to $10 from $9 at Evercore ISI 03/23/23 TD Cowen Carvana price target raised to $8 from $7 at TD Cowen 03/23/23 JPMorgan Carvana business de-scaling overshadows cost cuts, says JPMorgan SFT Shift Technologies $1.10 / + (+0.00%) 02/16/23 Piper Sandler Piper downgrades Shift Technologies on going out of business concerns 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer VRM Vroom / + 02/16/23 Piper Sandler Vroom price target lowered to $1 from $3.13 at Piper Sandler 12/09/22 Jefferies Vroom price target lowered to $1.10 from $1.30 at Jefferies 11/22/22 Baird Vroom downgraded to Neutral from Outperform at Baird 11/17/22 JPMorgan Vroom upgraded to Neutral at JPMorgan on increasing downside support ACVA ACV Auctions $12.39 / -0.37 (-2.90%) 02/24/23 Barrington ACV Auctions price target raised to $16 from $14 at Barrington 02/16/23 Piper Sandler ACV Auctions downgraded to Neutral on valuation at Piper Sandler 02/16/23 Piper Sandler ACV Auctions downgraded to Neutral from Overweight at Piper Sandler 01/05/23 Needham ACV Auctions named Top Pick for 2023, added to Conviction List at Needham RMBL RumbleON $5.91 / -0.45 (-7.08%) 03/29/23 B. Riley B. Riley 'defending' RumbleOn after Polaris Xchange launch 03/17/23 B. Riley RumbleON price target lowered to $15 from $26 at B. Riley 11/25/22 Baird RumbleON price target lowered to $10 from $15 at Baird 11/10/22 B. Riley RumbleON price target lowered to $26 from $38 at B. Riley CDK CDK Global $54.78 / + (+0.00%) 04/07/22 Barrington CDK Global downgraded to Underperform from Outperform at Barrington VRM TRUE SFT RMBL CVNA CARS CARG ACVA VRM Vroom / + 02/28/23 Vroom sees FY23 adjusted EBITDA ($250M)-($200M) 02/28/23 Vroom reports Q4 EPS 18c, two estimates (69c) 11/07/22 Vroom reports Q3 EPS (64c), consensus (62c) TRUE TrueCar $2.26 / -0.045 (-1.95%) 02/22/23 TrueCar reports Q4 cont ops EPS (21c), consensus (14c) 11/07/22 TrueCar reports Q3 cont ops EPS (85c), consensus (11c) SFT Shift Technologies $1.10 / + (+0.00%) 03/28/23 Shift Technologies reports Q4 EPS $1.25, consensus ($4.68) RMBL RumbleON $5.91 / -0.45 (-7.08%) 03/16/23 RumbleON reports Q4 EPS (68c), consensus (14c) 11/09/22 RumbleON reports Q3 EPS 27c, consensus 65c CVNA Carvana $9.49 / +0.18 (+1.93%) 03/22/23 Carvana sees Q1 revenue $2.4B-$2.6B, consensus $2.7B 02/23/23 Carvana reports Q4 EPS ($7.61) vs ($1.02) last year 02/23/23 Notable companies reporting after market close 11/03/22 Carvana sees sequential reduction in retail units sold in Q4 CARS Cars.com $19.26 / -0.205 (-1.05%) 02/23/23 Cars.com sees 2023 revenue growth 3%-6%, consensus $687.96M 02/23/23 Cars.com sees Q1 revenue $166M-$168M, consensus $167.47M 02/23/23 Cars.com reports Q4 EPS 15c, consensus 9c 11/03/22 Cars.com sees Q4 revenue $165M-$167M, consensus $169.46M CARG CarGurus $18.32 / -0.125 (-0.68%) 02/28/23 CarGurus sees Q1 EPS 17c-19c, consensus 12c 02/28/23 CarGurus reports Q4 EPS 22c, consensus 10c 11/08/22 CarGurus sees FY22 EPS $1.02-$1.05, consensus $1.20 11/08/22 CarGurus sees Q4 EPS 13c-16c, consensus 29c ACVA ACV Auctions $12.39 / -0.37 (-2.90%) 02/22/23 ACV Auctions sees FY23 revenue $460M-$470M, consensus $462.39M 02/22/23 ACV Auctions sees Q1 revenue $107M-$110M, consensus $105.95M 02/22/23 ACV Auctions reports Q4 revenue $98M, consensus $99.25M 11/09/22 ACV Auctions sees FY22 revenue $ $421M-$424M, consensus $428M 22 Apr CVNA CVNA Carvana $9.49 / +0.18 (+1.93%) 03/22/23 Holders of most of Carvana bonds oppose restructuring plan, Bloomberg says 03/22/23 Carvana looking to restructure $9B debt load, FT reports 01/30/23 Carvana, CarMax pressured by 'abrupt end' to pandemic used-car boom, NYT says 01/13/23 Carvana further cutting staff amid deeper sales slowdown, WSJ says TRUE SFT RMBL CVNA CARG ACVA TRUE TrueCar $2.26 / -0.045 (-1.95%) 03/14/23 What You Missed On Wall Street On Tuesday 03/14/23 What You Missed On Wall Street This Morning 10/31/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations SFT Shift Technologies $1.10 / + (+0.00%) 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations RMBL RumbleON $5.91 / -0.45 (-7.08%) 03/16/23 Fly Intel: Pre-market Movers CVNA Carvana $9.49 / +0.18 (+1.93%) 03/22/23 What You Missed On Wall Street On Wednesday 03/22/23 What You Missed On Wall Street This Morning 02/23/23 Fly Intel: After-Hours Movers 01/17/23 What You Missed On Wall Street On Tuesday CARG CarGurus $18.32 / -0.125 (-0.68%) 12/13/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 11/08/22 Fly Intel: After-Hours Movers ACVA ACV Auctions $12.39 / -0.37 (-2.90%) 02/23/23 What You Missed On Wall Street On Thursday 02/23/23 What You Missed On Wall Street This Morning 02/22/23 Fly Intel: After-Hours Movers 01/13/23 Sell these stocks now, proven algorithm says 05/18/23 Virtual Spring Investment Conference 05/01/23 Carvana Co. VRM CVNA CARG VRM Vroom / + 02/28/23 Vroom options imply 13.0% move in share price post-earnings 02/02/23 Unusually active option classes on open February 2nd 12/14/22 Largest borrow rate increases among liquid names 11/07/22 Vroom options imply 23.6% move in share price post-earnings CVNA Carvana $9.49 / +0.18 (+1.93%) 04/03/23 Carvana put volume heavy and directionally bearish 02/28/23 Largest borrow rate increases among liquid names 02/23/23 Carvana options imply 20.6% move in share price post-earnings 02/22/23 Largest borrow rate increases among liquid names CARG CarGurus $18.32 / -0.125 (-0.68%) 11/08/22 CarGurus options imply 13.6% move in share price post-earnings
Conference/Events	Shift Technologies to meet virtually with Oppenheimer » 04:55 03/30/23 03/30 04:55 03/30/23 04:55 SFT Shift Technologies $1.20 / -0.46 (-27.71%) Virtual Meeting to be… Virtual Meeting to be held on March 30 hosted by Oppenheimer. ShowHide Related Items >><< Company News Street Research Earnings On The Fly Events SFT Shift Technologies $1.20 / -0.46 (-27.71%) 03/07/23 Shift Technologies announces 1-for-10 reverse stock split 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz SFT Shift Technologies $1.20 / -0.46 (-27.71%) 02/16/23 Piper Sandler Piper downgrades Shift Technologies on going out of business concerns 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer SFT Shift Technologies $1.20 / -0.46 (-27.71%) 03/28/23 Shift Technologies reports Q4 EPS $1.25, consensus ($4.68) SFT Shift Technologies $1.20 / -0.46 (-27.71%) 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 03/30/23 Shift Technologies
Conference/Events	Shift Technologies to meet virtually with Oppenheimer » 16:28 03/28/23 03/28 16:28 03/28/23 16:28 SFT Shift Technologies $1.66 / +0.24 (+16.90%) Virtual Meeting to be… Virtual Meeting to be held on March 30 hosted by Oppenheimer. ShowHide Related Items >><< Company News Street Research Earnings On The Fly Events SFT Shift Technologies $1.66 / +0.24 (+16.90%) 03/07/23 Shift Technologies announces 1-for-10 reverse stock split 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz SFT Shift Technologies $1.66 / +0.24 (+16.90%) 02/16/23 Piper Sandler Piper downgrades Shift Technologies on going out of business concerns 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer SFT Shift Technologies $1.66 / +0.24 (+16.90%) 03/28/23 Shift Technologies reports Q4 EPS $1.25, consensus ($4.68) SFT Shift Technologies $1.66 / +0.24 (+16.90%) 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 03/28/23 Shift Technologies - SFT
Earnings	Shift Technologies reports Q4 EPS $1.25, consensus ($4.68) » 16:17 03/28/23 03/28 16:17 03/28/23 16:17 SFT Shift Technologies $1.66 / +0.24 (+16.90%) Reports Q4 revenue… Reports Q4 revenue $65.6M, consensus $73.2M. Reports Total retail units sold were 2,520. Gross profit per unit was $895; Adjusted gross profit per unit1 was $1,041."2022 was a year of significant change for Shift," said CEO Jeff Clementz. "Given market dynamics of the auto industry and capital markets, we adjusted our strategy to prioritize balance sheet health, reduce cash burn, and accelerate our path to profitability. During the fourth quarter, we closed our merger with CarLotz and began our transition to an omnichannel selling model which is now complete. We also continue to invest in our technology and marketplace to improve the customer experience and expand our business. Given the structural changes to our strategy, we expect sequential improvement in financial performance each quarter in 2023."Net income was $13M or 20% of revenue, compared to a net loss of $75.8M or 47% of revenue in the third quarter of 2022. Net income for the fourth quarter includes a gain on bargain purchase of $76.7M related to the acquisition of CarLotz, Inc. Adjusted EBITDA1 loss was $25.5M 38.9% of revenue, compared to $30M or 18.5% of revenue in the third quarter of 2022. ShowHide Related Items >><< Company News Street Research On The Fly Events SFT Shift Technologies $1.66 / +0.24 (+16.90%) 03/07/23 Shift Technologies announces 1-for-10 reverse stock split 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz SFT Shift Technologies $1.66 / +0.24 (+16.90%) 02/16/23 Piper Sandler Piper downgrades Shift Technologies on going out of business concerns 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer SFT Shift Technologies $1.66 / +0.24 (+16.90%) 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 03/28/23 Shift Technologies - SFT
Hot Stocks	Shift Technologies announces 1-for-10 reverse stock split » 13:01 03/07/23 03/07 13:01 03/07/23 13:01 SFT Shift Technologies / + Shift Technologies… Shift Technologies announced that it will effect a 1-for-10 reverse stock split of its Class A common stock, par value $0.0001 per share, that will become effective on March 8, 2023, at 12:01 a.m., Eastern Time. Shift's common stock will continue to trade on The Nasdaq Capital Market under the symbol "SFT" and will begin trading on a split-adjusted basis when the market opens on March 8, 2023. The reverse split is primarily intended to bring the company into compliance with the minimum bid price requirement for maintaining its listing on Nasdaq. To evidence compliance with this requirement, the closing bid price of the company's common stock must be at least $1.00 per share for a minimum of 10 consecutive business days by April 3, 2023. ShowHide Related Items >><< Company News Street Research On The Fly SFT Shift Technologies / + 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz SFT Shift Technologies / + 02/16/23 Piper Sandler Piper downgrades Shift Technologies on going out of business concerns 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer SFT Shift Technologies / + 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations

Over a quarter ago
Downgrade	Piper downgrades Shift Technologies on going out of business concerns » 06:29 02/16/23 02/16 06:29 02/16/23 06:29 SFT Shift Technologies / + Piper Sandler downgraded… Piper Sandler downgraded Shift Technologies to Neutral from Overweight with a price target of 23c, down from $9. Cars are becoming "unattainably expensive" and this won't be remedied by easing supply chain issues or post-COVID deflation, the analyst tells investors in a research note. As such, the firm believes car sales are unlikely to revisit historical averages in coming years. The firm says Shift Technologies must address concerns that it could go out of business. ShowHide Related Items >><< Company News Street Research On The Fly SFT Shift Technologies / + 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz SFT Shift Technologies / + 02/16/23 Piper Sandler Shift Technologies downgraded to Neutral from Overweight at Piper Sandler 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer 10/07/22 Cantor Fitzgerald Shift Technologies downgraded to Neutral from Overweight at Cantor Fitzgerald SFT Shift Technologies / + 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
Downgrade	Shift Technologies downgraded to Neutral from Overweight at Piper Sandler » 06:02 02/16/23 02/16 06:02 02/16/23 06:02 SFT Shift Technologies / + Piper Sandler downgraded… Piper Sandler downgraded Shift Technologies to Neutral from Overweight with a price target of 23c, down from $9. ShowHide Related Items >><< Company News Street Research On The Fly SFT Shift Technologies / + 02/02/23 Shift Technologies to exit East Coast stores acquired via CarLotz merger 12/09/22 Shift Technologies closes merger with CarLotz SFT Shift Technologies / + 11/10/22 Oppenheimer Shift Technologies downgraded on near-term challenges at Oppenheimer 11/10/22 Oppenheimer Shift Technologies downgraded to Perform from Outperform at Oppenheimer 10/07/22 Cantor Fitzgerald Shift Technologies downgraded to Neutral from Overweight at Cantor Fitzgerald 10/03/22 Truist Shift Technologies downgraded to Hold from Buy at Truist SFT Shift Technologies / + 11/10/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations 10/07/22 Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations

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