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Shift Technologies, Vroom shares slip as JP Morgan downgrades both to Sell

Car with For Sale Sign

LazingBee/iStock via Getty Images

Online auto retailers Shift Technologies (NASDAQ:SFT) and Vroom, Inc. (NASDAQ:VRM) slid sharply on Monday after J.P. Morgan analyst Rajat Gupta moved to a Sell-equivalent rating on both.

Vroom (VRM) shares slid over 5%

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