Wall Street

British Online Car Retailer Cazoo Group Jumps 334 Ranks To 22nd Spot On The Short Squeeze Leaderboard

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ValueWalk

British online car retailer Cazoo Group Ltd (NYSE:CZOO), which went public in August with a $7 billion enterprise value via a special purpose acquisition company, now sits near the top of Fintel’s the United States Short Squeeze Screener and Leaderboard after falling 85% from its debut price. The company said when it unveiled the SPAC acquisition that when the initial transaction was announced, there were financial projections provided in the slide presentation that included financial forecasts through to 2024. We have included the unit sales, revenue and profit forecasts from the slide deck b…

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