TrueCar Inc. (NASDAQ: TRUE) recently took a look at industry-wide vehicle sales. The findings confirmed the company's prediction that the industry may be turning the corner.
According to Benzinga Pro data, during Q2, Vroom (NASDAQ:VRM) posted sales of $475.44 million. Earnings were up 62.93%, but Vroom still reported an overall loss of $115.09 million.
As of the close of business on Tuesday, 8/23, we captured the Top 10 Highest Short Interest % stocks within the Consumer Cyclical Sector.
The average short interest for stocks within the Consumer Cyclical sector stands at 4.72%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
Tiger Global Management showed late Monday in a regulatory filing that it had almost entirely liquidated its 8% stake in Carvana Co (NYSE: CVNA) during the second quarter.