![]() ![]() We look forward to leveraging the remaining CarLotz assets to build out our omnichannel presence to enable the customer to shop however they prefer.” commented CEO Jeff Clementz. As we remain laser-focused on reaching profitability, we felt it was the right decision to focus on geographies where we have the most operating expertise, logistical and brand awareness leverage, and ability to scale. “After thoughtful consideration, we determined it was in the best interest of the company to exit the East Coast CarLotz presence. About NASDAQ:SFT Shift Technologies (SFT) Institutional Ownership 1.61 +0.07 (+4.55) (As of ET) Compare Today's Range 1.54 1.65 50-Day Range 1.10 2.17 52-Week Range 1.06 15.40 Volume 159,058 shs Average Volume 191,122 shs Market Capitalization 27.31 million P/E Ratio N/A Dividend Yield N/A Price Target 1. Shift Technologies Stock Forecast, Price & News (NASDAQ:SFT) NASDAQ:SFT Shift Technologies (SFT) Stock Forecast, Price & News 1.63 +0.08 (+5.16) (As of ET) Compare Today's Range 1.55 1.64 50-Day Range 1.10 2.17 52-Week Range 1.06 15.40 Volume 66,261 shs Average Volume 347,906 shs Market Capitalization 27. ![]() The company was founded in 2014 and is based in San Francisco, California. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today reported second quarter. It provides financing, prequalification, a car loan calculator, protection plans, repair services, and more. Shift Technologies (NASDAQ: SFT) is owned by 15.24 institutional shareholders, 238.82 Shift Technologies insiders, and 0.00 retail investors. 10, 2021 (GLOBE NEWSWIRE) - Shift Technologies, Inc. The stores in Midlothian, VA, Charlotte, NC, and Greensboro, NC will be closed, effective Thursday. 1.38 About Shift Technologies Shift Technologies (NASDAQ: SFT) operates a peer-to-peer marketplace for buying or selling a car. The store leases, inventory, and related assets in Richmond, VA, Charlottesville, VA, and Tampa, FL, will be assumed by a local dealership group. ![]() Share price of Shift Technologies SFT tumbles 7% as the company will be exiting its East Coast stores acquired as a result of its merger with CarLotz in order to focus on building omnichannel capabilities in its other locations and on the Company’s path to profitability. ![]()
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