Shift Technologies Inc
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Consumer Discretionary : Specialty Retail | Small Cap Blend
Company profile

Shift Technologies, Inc. is an end-to-end e-commerce platform transforming the used car industry with a technology-driven customer experience. Its segments include Retail and Wholesale. The Retail segment represents retail sales of used vehicles through the Company's e-commerce platform and fees earned on sales of value-added products associated with those vehicles sales, such as vehicle service contracts, guaranteed asset protection waiver coverage, prepaid maintenance plans, and appearance protection plans. The Wholesale segment represents sales of used vehicles through wholesale auctions or directly to a wholesaler (DTW). It provides technology-driven solutions throughout the car ownership lifecycle. It operates approximately nine vehicle inventory inspection, reconditioning and storage centers, with six spanning the West Coast from San Diego to Seattle and three new facilities in Austin, San Antonio and Dallas, Texas. It conducts its business through its wholly owned subsidiaries.

Closing Price
$0.8676
Day's Change
0.1945 (28.90%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.91
Day's Low
0.70
Volume
(Heavy Day)
Volume:
12,216,946

10-day average volume:
9,441,554
12,216,946

Boeing, Apple Inc. Share Losses Lead Dow's Nearly 150-point Fall

12:48 pm ET May 12, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

The Dow Jones Industrial Average is down Thursday afternoon with shares of Boeing and Apple Inc. facing the biggest drops for the blue-chip average. Shares of Boeing BA and Apple Inc. AAPL are contributing to the index's intraday decline, as the Dow DJIA was most recently trading 146 points (0.5%) lower. Boeing's shares are off $4.19, or 3.2%, while those of Apple Inc. are off $4.26 (2.9%), combining for a roughly 56-point drag on the Dow. Also contributing significantly to the decline are American Express AXP, UnitedHealth UNH, and Microsoft MSFT. A $1 move in any one of the 30 components of the index results in a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.

	

(END) Dow Jones Newswires

May 12, 2022 12:48 ET (16:48 GMT)

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