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The latest update is out from Getaround ( (GETR) ).
On May 16, 2025, Getaround, Inc. was notified by the OTC Markets Group Inc. that its common stock would be downgraded from the OTCQB market to the OTC Pink Market, effective May 19, 2025. This move indicates a shift in the company’s market positioning, potentially affecting investor perceptions and stakeholder confidence.
Spark’s Take on GETR Stock
According to Spark, TipRanks’ AI Analyst, GETR is a Neutral.
Getaround, Inc. presents a challenging investment case. While there is positive revenue growth, significant risks stem from negative profitability, high leverage, and liquidity issues. Technical analysis shows some upward momentum, but valuation metrics highlight profitability concerns. The stock requires careful consideration given its financial instability and mixed technical signals.
To see Spark’s full report on GETR stock, click here.
More about Getaround
Getaround, Inc. operates in the car-sharing industry, providing a platform for vehicle owners to rent out their cars to others, focusing on flexible and convenient transportation solutions.
Average Trading Volume: 65,135
Technical Sentiment Signal: Sell
Current Market Cap: $1.58M
See more data about GETR stock on TipRanks’ Stock Analysis page.