How High Can Vroom Stock Go, If Compared To Carvana

Vroom Inc (Nasdaq: VRM) will start to trade today and given how eagerly some of institutional investors were waiting for the IPO, it won’t be surprising to see the company coming out flying as the trading opens. Yes, everything next generation is driving excitement on the Street, case in point Nikola Corp (NKLA), and Vroom will be no exception. Most Sell-side researchers going to point out similarities between Vroom and Carvana Inc (NYSE: CVNA), another high flyer e-commerce car retailing play that had a phenomenal run over last 2-3 years,…

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