CarGurus, Inc. Class A Common Stock
CARGCarGurus, Inc. is an online automotive marketplace that connects car buyers and sellers. Founded in 2006, the company offers a platform for users to search, compare, and review new and used vehicle listings across the United States and other markets. CarGurus aims to improve the car-buying and selling experience through transparency, data-driven insights, and a user-friendly interface.
Company News
CarGurus celebrates its 20th anniversary as the No. 1 automotive shopping site in the U.S., announcing new AI-powered products including CarGurus Discover and Dealership Mode for consumers, plus PriceVantage for dealers. The company reports nearly 20,000 dealers using its intelligence platform and a refreshed brand identity reflecting its innovat...
ArrowMark Colorado Holdings LLC sold 9.8 million shares of Alight, reducing its stake from 1.8% to 0.48% of its assets, signaling market concerns about the company's ability to generate consistent recurring revenue.
Inflection Point Investments LLP increased its stake in Monday.com by 11,200 shares in Q3, raising total holdings to 21,300 shares valued at $4.1 million, despite the company's stock being down 44.2% over the past year.
The article highlights three undervalued stocks in transportation, energy, and consumer discretionary sectors that have potential for growth despite current market conditions.
Autohome reported its fourth consecutive quarter of revenue decline due to China's car price wars, with advertising services plunging 36% year-on-year. The company launched an international platform to seek growth amid challenging domestic market conditions.
