On December 5, 2022, CarLotz, Applied To Transfer The Listing Of Its Common Stock From The Nasdaq Global Market Tier To The Nasdaq Capital Market Tier, Subject To Approval By The Nasdaq Stock Market

12/5/22 4:10:31 PM ET

Other Specialty Stores

Consumer Discretionary

Get the next $LOTZ alert in real time by email

On December 5, 2022, CarLotz, Inc. applied to transfer the listing of its common stock from The Nasdaq Global Market tier to The Nasdaq Capital Market tier, subject to approval by the Nasdaq Stock Market. The Nasdaq Capital Market is a continuous trading market that operates in substantially the same manner as The Nasdaq Global Market.

Get the next $LOTZ alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$LOTZ

Date	Price Target	Rating	Analyst
11/11/2021		Outperform → Market Perform	Barrington Research
11/11/2021	$6.00	Outperform → Mkt Perform	Barrington Research
8/16/2021	$7.00	Hold	Deutsche Bank
8/10/2021		Outperform → Mkt Perform	William Blair

More analyst ratings

$LOTZ
Leadership Updates

Live Leadership Updates

CarLotz Strengthens Executive Leadership Team
Ozan Kaya Named President Eugene Kovshilovsky Named Chief Technology Officer RICHMOND, Va., March 31, 2022 (GLOBE NEWSWIRE) -- CarLotz (("The Company" or "CarLotz", NASDAQ:LOTZ), a leading consignment-to-retail used vehicle marketplace, today announced the appointment of Ozan Kaya to the role of President, a new role at the Company, and Eugene Kovshilovsky to the role of Chief Technology Officer. Mr. Kaya's appointment will be effective April 25, 2022, and Mr. Kovshilovsky's appointment will be effective April 17, 2022. Mr. Kaya and Mr. Kovshilovsky will report to incoming-CEO Lev Peker. "On behalf of the Company and incoming-CEO, Lev Peker, I am extremely pleased to welcome Ozan and Eu
3/31/22 4:01:00 PM ET
$LOTZ
Other Specialty Stores
Consumer Discretionary
Brand Velocity Group Appoints Eric Grib as Principal
Brand Velocity Group (BVG), an innovative private equity firm, today announced that Eric Grib has joined the firm as a Principal. Grib brings to BVG over 15 years of experience in private equity, corporate M&A, and investment banking across sectors such as consumer, media, technology, sports, and entertainment. "BVG's strategy of driving the growth of its portfolio companies through deep in-house marketing resources, connectivity to sports and entertainment, and focus on human capital very much aligns with my core strengths and philosophy," said Grib. "I'm excited to be a part of a team that approaches private equity investing in truly creative and thoughtful ways." Prior to joining BVG,
3/31/22 7:00:00 AM ET
$IAC
$LOTZ
Computer Software: Programming Data Processing
Technology
Other Specialty Stores
Consumer Discretionary
CarLotz Announces CEO Transition
RICHMOND, Va., March 15, 2022 (GLOBE NEWSWIRE) -- CarLotz ("CarLotz" or the "Company"), a leading consignment-to-retail used vehicle marketplace, announced today the appointment of Lev Peker to the role of Chief Executive Officer, effective April 18, 2022. "Lev brings to CarLotz an exceptional blend of senior executive leadership experience, proven industry capabilities in online retail and a track record of shareholder value creation," said Luis Solorzano, Chairman of the Board for CarLotz. "We believe Lev's record of success as a CEO, with acumen in marketing, operations, and finance, and a history leading a consumer facing, technology-enabled, and operationally complex business, make
3/15/22 4:30:00 PM ET
$LOTZ
Other Specialty Stores
Consumer Discretionary

CarLotz Announces Third Quarter Fiscal 2022 Financial Results
Third Quarter Revenue of $50.8 millionThird Quarter Retail Unit Sales of 1,375Third Quarter GPU increased 62% to $1,524 RICHMOND, Va., Nov. 08, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. ((the "Company" or "CarLotz", NASDAQ:LOTZ), a consignment-to-retail used vehicle marketplace, today announced financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Results Net revenue was $50.8 million compared to $68.0 million in the same period in 2021Retail unit sales were 1,375 compared to 2,490 in the same period in 2021Finance & insurance revenue was $1.7 million compared to $2.6 million in the same period in 2021Gross profit was $(0.6) million, primarily due
11/8/22 4:30:00 PM ET
$LOTZ
Other Specialty Stores
Consumer Discretionary
Shift Announces Merger with CarLotz; a New Business Plan that Enables the Company to Achieve Profitability in 2024; Appointment of new CEO; also Releases Q2 Results
Shift to merge with CarLotz, a leading used vehicle consignment business; combined company estimated to have approximately $125 million of cash if the merger closes at the end of the year Shift is transitioning to a new business plan focused on transacting most sales through its most profitable online checkout channel, which allows consumers to purchase a vehicle online, sight unseen, for pickup or delivery. Updated financial model enables positive unit economics in 2023 and company-wide profitability in 2024 Current Shift President Jeff Clementz to serve as CEO effective September 1 SAN FRANCISCO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (NASDAQ:SFT), a leading end
8/9/22 4:30:00 PM ET
$LOTZ
$SFT
Other Specialty Stores
Consumer Discretionary
Retail-Auto Dealers and Gas Stations
CarLotz Announces Second Quarter Fiscal 2022 Financial Results
Second Quarter Revenue Grew 51% versus Last Year to $76.5 millionSecond Quarter Retail Unit Sales of 2,421Second Quarter F&I Revenue Grew 80% versus Last Year RICHMOND, Va., Aug. 09, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. ((the "Company" or "CarLotz", NASDAQ:LOTZ), a consignment-to-retail used vehicle marketplace, today announced financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Results Net revenue increased 51% to $76.5 million from $50.8 million in the same period in 2021Retail unit sales increased 21% to 2,421 from 2,009 in the same period in 2021Finance & insurance revenue increased 80% to $3.2 million from $1.8 million in the s
8/9/22 4:30:00 PM ET
$LOTZ
$SFT
Other Specialty Stores
Consumer Discretionary
Retail-Auto Dealers and Gas Stations

Shift Closes Merger with CarLotz, Creating a Differentiated Used Omnichannel Auto Retailer, and Announces Shift Board of Directors Changes
SAN FRANCISCO, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (NASDAQ:SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, has closed its merger with CarLotz, Inc. (NASDAQ:LOTZ), a leading consignment-to-retail used vehicle marketplace. The combined company will continue to trade on Nasdaq under the ticker SFT. CarLotz shareholders at the effective time of the merger will receive approximately 0.705 shares of Shift common stock for each share of CarLotz common stock, or approximately 84.4 million shares of Shift common stock in the aggregate. Shift will also assume certain warrants an
12/9/22 9:00:00 AM ET
$LOTZ
$SFT
Other Specialty Stores
Consumer Discretionary
Retail-Auto Dealers and Gas Stations
CarLotz Announces Special Shareholder Meeting Voting Results
RICHMOND, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. ((the "Company" or "CarLotz", NASDAQ:LOTZ), a consignment-to-retail used vehicle marketplace, is pleased to announce that today the Company's stockholders approved the Agreement and Plan of Merger, dated August 9, 2022, among Shift Technologies, Inc. ("Shift"), Shift Remarketing Operations, Inc. ("Merger Sub") and the Company, pursuant to which, among other things and subject to the terms and conditions contained therein, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and as a wholly owned subsidiary of Shift (the "Merger"). The proposal to approve the Merger Agreement
12/7/22 4:05:00 PM ET
$LOTZ
Other Specialty Stores
Consumer Discretionary
CarLotz Announces Third Quarter Fiscal 2022 Financial Results
Third Quarter Revenue of $50.8 millionThird Quarter Retail Unit Sales of 1,375Third Quarter GPU increased 62% to $1,524 RICHMOND, Va., Nov. 08, 2022 (GLOBE NEWSWIRE) -- CarLotz, Inc. ((the "Company" or "CarLotz", NASDAQ:LOTZ), a consignment-to-retail used vehicle marketplace, today announced financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Results Net revenue was $50.8 million compared to $68.0 million in the same period in 2021Retail unit sales were 1,375 compared to 2,490 in the same period in 2021Finance & insurance revenue was $1.7 million compared to $2.6 million in the same period in 2021Gross profit was $(0.6) million, primarily due
11/8/22 4:30:00 PM ET
$LOTZ
Other Specialty Stores
Consumer Discretionary

$LOTZ
Market Insights

Live Market Insights

Stocks That Hit 52-Week Lows On Thursday
During Thursday's trading, 138 companies set new 52-week lows. Significant Points From Today's 52-Week Lows: Salesforce (NYSE:CRM) is the largest company in terms of market cap to set a new 52-week low this morning. Quotient (NASDAQ:QTNT) is the smallest company on a market cap basis to set a new 52-week low. Eiger BioPharmaceuticals (NASDAQ:EIGR)'s stock fell the most, as it traded down 71.95% to reach a new 52-week low. CareMax (NASDAQ:CMAX) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. Stocks dropping to new 52-week lows on Thursday: Salesforce (NYSE:CRM) shares reached a new 52-week low of $127.03 on
12/8/22 12:33:58 PM ET
$ISO
$JOBY
$KFRC
$KSCP
Biotechnology: Electromedical & Electrotherapeutic Apparatus
Health Care
Aerospace
Industrials
12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session
Gainers Visionary Education Tech (NASDAQ:VEDU) stock moved upwards by 12.9% to $0.7 during Wednesday's after-market session. The company's market cap stands at $27.4 million. Rent the Runway (NASDAQ:RENT) stock moved upwards by 11.76% to $1.52. Rent the Runway's trading volume hit 517.1K shares by close, accounting for 46.2% of its average volume over the last 100 days. The market value of their outstanding shares is at $98.3 million. The company's, Q3 earnings came out today. Remark Hldgs (NASDAQ:MARK) stock moved upwards by 9.52% to $0.23. The company's market cap stands at $24.4 million. CarLotz (NASDAQ:LOTZ) stock rose 7.94% to $0.16. The company's market cap stands at $19.5 million.
12/7/22 4:32:44 PM ET
$CULP
$GGR
$JZXN
$LE
Textiles
Consumer Discretionary
Auto Manufacturing
Retail-Auto Dealers and Gas Stations
CarLotz Announces Special Shareholder Meeting Voting Results; Approved The Agreement And Plan Of Merger, Dated August 9, 2022, Among Shift Technologies
CarLotz, Inc. ((the "Company" or "CarLotz", NASDAQ:LOTZ), a consignment-to-retail used vehicle marketplace, is pleased to announce that today the Company's stockholders approved the Agreement and Plan of Merger, dated August 9, 2022, among Shift Technologies, Inc. ("Shift"), Shift Remarketing Operations, Inc. ("Merger Sub") and the Company, pursuant to which, among other things and subject to the terms and conditions contained therein, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and as a wholly owned subsidiary of Shift (the "Merger"). The proposal to approve the Merger Agreement was passed by stockholders voting at the Company's
12/7/22 4:14:52 PM ET
$LOTZ
Other Specialty Stores
Consumer Discretionary

On December 5, 2022, CarLotz, Applied To Transfer The Listing Of Its Common Stock From The Nasdaq Global Market Tier To The Nasdaq Capital Market Tier, Subject To Approval By The Nasdaq Stock Market

Chat with this insight

Recent Analyst Ratings for $LOTZ

$LOTZ SEC Filings

SEC Form 15-12G filed by CarLotz Inc.

SEC Form EFFECT filed by CarLotz Inc.

SEC Form EFFECT filed by CarLotz Inc.

$LOTZ Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

CarLotz downgraded by Barrington Research

CarLotz downgraded by Barrington Research with a new price target

Deutsche Bank initiated coverage on CarLotz with a new price target

$LOTZ Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by CarLotz Inc. (Amendment)

SEC Form SC 13D/A filed by CarLotz Inc. (Amendment)

SEC Form SC 13D/A filed by CarLotz Inc. (Amendment)

$LOTZ Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4: Stoltz Thomas W returned 23,981 shares to the company, closing all direct ownership in the company (tax withholding)

SEC Form 4: Carrel Steven G returned 21,799,776 shares to the company to satisfy tax liability

SEC Form 4: Kaya Ozan returned 970,031 shares to the company, closing all direct ownership in the company

$LOTZ Leadership Updates

Live Leadership Updates

CarLotz Strengthens Executive Leadership Team

Brand Velocity Group Appoints Eric Grib as Principal

CarLotz Announces CEO Transition

$LOTZ Financials

Live finance-specific insights

$LOTZ Press Releases

Fastest customizable press release news feed in the world

CarLotz Announces Third Quarter Fiscal 2022 Financial Results

Shift Announces Merger with CarLotz; a New Business Plan that Enables the Company to Achieve Profitability in 2024; Appointment of new CEO; also Releases Q2 Results

CarLotz Announces Second Quarter Fiscal 2022 Financial Results

Shift Closes Merger with CarLotz, Creating a Differentiated Used Omnichannel Auto Retailer, and Announces Shift Board of Directors Changes

CarLotz Announces Special Shareholder Meeting Voting Results

CarLotz Announces Third Quarter Fiscal 2022 Financial Results

$LOTZ Market Insights

Live Market Insights

Stocks That Hit 52-Week Lows On Thursday

12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session

CarLotz Announces Special Shareholder Meeting Voting Results; Approved The Agreement And Plan Of Merger, Dated August 9, 2022, Among Shift Technologies

Recent Analyst Ratings for
$LOTZ

$LOTZ
SEC Filings

$LOTZ
Analyst Ratings

$LOTZ
Large Ownership Changes

$LOTZ
Insider Trading

$LOTZ
Leadership Updates

$LOTZ
Financials

$LOTZ
Press Releases

$LOTZ
Market Insights