Is Vroom About to Race 775% Higher?
If you had asked investors last week whether Vroom (NASDAQ: VRM) would be able to replicate Carvana's (NYSE: CVNA) meteoric 775% stock price increase over the past three years in a similar time frame, most would have scoffed at the possibility. No doubt Vroom has much work to do if it wants to chase down Carvana's ridiculous revenue and stock price growth -- remember that Carvana posted 23 consecutive quarters of triple-digit revenue growth through the third quarter of 2019 -- but Vroom's off to a fantastic start as it soared as high as 115% during its Tuesday initial public offering. Is it really possible Vroom could race 775% higher over the next three years?
Source Fool.com