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

SHAREHOLDER ALERT - Labaton Sucharow Investigating Coinbase Global Inc. - COIN

2:42 pm ET May 11, 2022 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / May 11, 2022 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights law firm, announces that it is investigating Coinbase Global Inc. ("Coinbase" or the "Company") (NASDAQ:COIN) for potential violations of the federal securities laws.

Labaton Sucharow LLP, Wednesday, May 11, 2022, Press release picture

On Tuesday, May 10, 2022, Coinbase shares fell more than 15% in after-hours trading after reporting first-quarter results that missed analysts' revenue estimates.

The stock has lost more than 70% of its value since late March, as a broader slide in tech stocks and the value of cryptocurrencies hit Coinbase particularly hard.

"The crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings."

If you currently own stock or options in Coinbase Global Inc. and suffered a loss, click here to participate.

If you want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at david@labaton.com.

About the Firm

Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, corporate governance and shareholder rights, consumer, and cybersecurity and data privacy litigation, as well as whistleblower representation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at labaton.com.

Contacts:

David J. Schwartz

(800) 321-0476

david@labaton.com

SOURCE: Labaton Sucharow LLP





View source version on accesswire.com:

https://www.accesswire.com/700990/SHAREHOLDER-ALERT--Labaton-Sucharow-Investigating-Coinbase-Global-Inc--COIN



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COMTEX_407051212/2457/2022-05-11T14:42:07

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