Finance

Vroom, Shift, Sonos, Poshmark & more

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Take a look at some of the biggest movers in the premarket:

Vroom (VRM) – Vroom stock jumped 11% in the premarket after it reported a smaller-than-expected loss for its latest quarter. The online used-car retailer’s revenue beat estimates as demand surged. Consumers are turning to used cars as the global chip shortage crimps production of new vehicles. Vroom rival Shift (SFT) reported similarly upbeat results, and its shares rallied 8.1%.

Sonos (SONO) – Sonos earned 12 cents per share for its latest quarter, compared to forecasts of a 22 cents per share loss. The maker of speakers and other audio products also raised full-year sales guidance, saying it believes it can meet demand…



Source cnbc.com

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