Bill Gates acquired 2.5 Million Vroom shares worth $2.65 Million. That's 0.01% of their equity portfolio (20th largest holding). The investor owns 2.00% of the outstanding Vroom stock. The investor's estimated purchase price is $3.92 Million, resulting in a loss of 32%.
Today, investors interested in beaten-down Vroom and VRM stock have another reason to consider this company - Bill Gates is in.
The Bill and Melinda Gates Foundation reported new stakes in automotive retailers Vroom (VRM) and Carvana (CVNA) and increased its holdings in Madison Square...