Facing market pressures and steep financial losses, Shift Technologies Inc. is launching a major restructuring that entails scaling back operations to focus on its West Coast presence and positioning ...

Leading Market Intelligence Firm Recognizes Company as one of the Top 50 Established Companies Delivering Impact and Transforming the Insurance Industry BOSTON and PARIS, Nov. 3, 2025 /PRNewswire/ -- ...

Shift Technologies, the San Francisco-based online used car startup turned publicly traded company, filed this week for Chapter 11 bankruptcy. The short story, according to recent filings, is that the ...

The Nasdaq stock exchange told online used-vehicle retailer Shift Technologies Inc. it could be removed from the exchange if the company's stock price continues to remain below $1 per share. Shift ...

PARIS and BOSTON, Nov. 2, 2021 /PRNewswire/ -- Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, today announced that ...

SAN FRANCISCO, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (SFT), a consumer-centric omnichannel retailer for buying and selling used cars, today announced that it and its subsidiaries ...

Shift Technologies' shares have risen 31% YTD, but the used car market is under pressure, with decreasing sales volumes and selling prices. SFT's change in strategy and CEO adds uncertainty to its ...

Ten years after starting up, Shift Technologies Inc. has parked its online used car sales business at the financial junkyard. The San Francisco auto seller, which closed its acquisition of Richmond's ...

Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz, ...

Shift Technologies has closed its purchase of Fair’s dealer listing marketplace technology, the company said Thursday afternoon. As part of the deal first announced in March, Shift acquires certain ...

Shares of used-car e-commerce platform Shift Technologies (NASDAQ: SFT) plunged on Monday after the company announced a substantial convertible debt offering. As of 10:45 a.m. EDT today, the stock was ...