Cazoo Announces Transition to Pure-Play Automotive Marketplace Business Model
Cazoo Group Ltd Class A Ordinary Shares (CZOO)
Company Research
Source: Business Wire
LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK online used car platform which makes buying and selling a car as simple as ordering any other product online, announces its intention to transition to a marketplace business model, leveraging the strength of the Cazoo brand and the market-leading ecommerce platform it has built in online automotive retailing for the benefit of the 13,000 car dealers operating in the UK’s highly fragmented used car market.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240306316548/en/(Photo: Business Wire)On December 6, 2023 Cazoo completed a series of transactions to restructure its capital structure and a new Board of Directors (the “Board”) was appointed. Since their appointment, the members of the Cazoo Board have reviewed the strategic options for the Company and believe that a pivot to a pure-play marketplace business model is the be
Show less
Read more
Impact Snapshot
Event Time:
CZOO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CZOO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CZOO alerts
High impacting Cazoo Group Ltd Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
CZOO
News
- GOEV and RENT among Consumer Discretionary movers [Seeking Alpha]Seeking Alpha
- Online Car Buying Market is Poised to Accelerate at CAGR of 12.58% to Reach USD 885.1 Billion By 2032: Astute Analytica [Yahoo! Finance]Yahoo! Finance
- Cazoo announces transition to pure-play automotive marketplace business model [Seeking Alpha]Seeking Alpha
- Cazoo Announces Transition to Pure-Play Automotive Marketplace Business Model [Yahoo! Finance]Yahoo! Finance
- 'We definitely are eyeing the public markets': eToro CEO considers IPO after scrapped SPAC deal [MSNBC.com]MSNBC.com
CZOO
Sec Filings
- 3/6/24 - Form 424B3
- 3/6/24 - Form 6-K
- 3/1/24 - Form 424B3
- CZOO's page on the SEC website