When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CARG - CarGurus: The Bullish Thesis Has Not Changed At All
CarGurus Inc.
It didn't take very long for CarGurus (CARG), the leading U.S. used-car shopping site, to go from one of the hottest stocks in the internet sector to one stuck in the penalty box. Though it just closed out a strong 2019 in which exiting revenues grew at 25% y/y, investors' attention turned to 2020 and the company's below-consensus outlook for the year. In an expensive market climate where most stocks are priced for perfection, even the slightest whiff of bad news can send shares spiraling - and this is what happened to CarGurus,