Online car retailer Cazoo files for administration in UK [Yahoo! Finance]
Cazoo Group Ltd Class A Ordinary Shares (CZOO)
Company Research
Source: Yahoo! Finance
The company has experienced a significant drop in valuation from $7bn in 2021 to around $30m in 2024, according to a Reuters report. Joint administrators from Teneo, Matthew Mawhinney and David Soden will manage Cazoo's affairs, business and property as part of the administration process. They will continue to pursue sale transactions for the remaining assets, including the marketplace business and customer collection centres. The company is in talks with several parties interested in its marketplace business and has received interest from potential suitors including Motors.co.uk. Cazoo also acknowledged the need to raise additional capital to continue operating. The New York Stock Exchange has initiated delisting proceedings of its stocks due to the company's failure to file its annual report on time. Throughout 2023 and 2024, Cazoo's management and board have been exploring strategic options to address liquidity needs. In December 2023, the retailer completed restruct
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
- UK online car retailer Cazoo enters administration [Yahoo! Finance]Yahoo! Finance
- Administrator Appointed As Used Auto Site Cazoo Fails NYSE Compliance [Forbes]Forbes
- UK online car retailer Cazoo files for administration [Yahoo! Finance]Yahoo! Finance
- Used car retailer Cazoo files for administration in U.K., board recommends winding up [Seeking Alpha]Seeking Alpha
- NYSE to Commence Delisting Proceedings Against Cazoo Group Ltd (CZOO) [Yahoo! Finance]Yahoo! Finance
CZOO
Sec Filings
- 5/21/24 - Form 6-K
- 5/1/24 - Form 424B3
- 5/1/24 - Form 6-K
- CZOO's page on the SEC website