Shift Announces Reverse Stock Split
March 07, 2023 13:00 ET
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Shift Technologies, Inc.
SAN FRANCISCO, March 07, 2023 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT) (the “Company” or “Shift”), a leading end-to-end auto ecommerce platform transforming the used car industry...
Shift Announces Exit of East Coast Presence to Focus on Path to Profitability
February 02, 2023 16:05 ET
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Shift Technologies, Inc.
SAN FRANCISCO, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven,...
Shift Closes Merger with CarLotz, Creating a Differentiated Used Omnichannel Auto Retailer, and Announces Shift Board of Directors Changes
December 09, 2022 09:00 ET
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Shift Technologies, Inc.
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,...
Shift to Participate at Upcoming Investor Conference
November 22, 2022 09:00 ET
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Shift Technologies, Inc.
SAN FRANCISCO, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end ecommerce platform for buying and selling used cars, today announced that senior...
Shift Announces Third Quarter Results
November 08, 2022 16:30 ET
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Shift Technologies, Inc.
Sold 4,855 ecommerce units and achieved $161.9 million in revenueAchieved strong Adjusted gross profit per unit of $1,925, despite macroeconomic headwinds and lower ASP vehiclesSuccessfully executed...
Shift to Report Third Quarter 2022 Financial Results on November 8, 2022
October 18, 2022 09:00 ET
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Shift Technologies, Inc.
SAN FRANCISCO, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer...
Emily Melton to Step Down from Shift’s Board of Directors
August 25, 2022 16:45 ET
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Shift Technologies, Inc.
SAN FRANCISCO, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT) announced today that Emily Melton, Lead Director who has served on the company’s Board since 2014, will be...
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
August 09, 2022 16:30 ET
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Shift Technologies, Inc.
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...
Shift and CarLotz Agree To Merge, Creating a Differentiated Used Auto Ecommerce Retailer
August 09, 2022 16:30 ET
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Shift Technologies, Inc.
Merger will create a leading omnichannel auto retailerCombination of complementary geographic footprints, with Shift’s strong presence on the West Coast and CarLotz’s retail stores in the mid-Atlantic...
Shift Announces Upcoming CEO Transition
August 09, 2022 16:30 ET
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Shift Technologies, Inc.
SAN FRANCISCO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT) and its Board of Directors announced today that Co-Founder and CEO George Arison will be stepping down as CEO...