Twitter

Link your Twitter Account to Market Wire News


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.



home / news releases / CARS - Why Cars.com Stock Popped Today


CARS - Why Cars.com Stock Popped Today

Shares of Cars.com (NYSE: CARS) were moving higher today after the online auto retailer posted better-than-expected results in its fourth quarter.

As of 12:17 p.m. ET, the stock was up 10.7%.

Revenue in the quarter rose 6% to $168.2 million, which topped estimates at $166.2 million. That top-line growth was driven by a 5% increase in monthly unique visitors to 24.6 million, while traffic, or total visits, was also up 5% to 24.6 million. Monthly average revenue per dealer increased by 1% to $2,361.

Continue reading

For further details see:

Why Cars.com Stock Popped Today
Stock Information

Company Name: Cars.com Inc.
Stock Symbol: CARS
Market: NYSE
Website: investor.cars.com

Menu

CARS CARS Quote CARS Short CARS News CARS Articles CARS Message Board
Get CARS Alerts

News, Short Squeeze, Breakout and More Instantly...