CARG News and Press, CarGurus Inc. From 07/17/23

Gupta brings product leadership and vision scaling global platforms to Board position with the nation’s most visited automotive shopping site 1 CAMBRIDGE, Mass., July 17, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shoppin...

2023-06-27 08:11:53 ET JPMorgan initiated coverage on both CarGurus ( NASDAQ: CARG ) and Cars.com ( CARS ) with an Overweight rating on Tuesday. The firm believes the auto marketplace sector is a relatively safe place for investors to hide in the current macro backdrop given...

CAMBRIDGE, Mass., June 26, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today announced the release of the CarGurus ChatGPT plugin to help shoppers discover their ideal car match m...

CAMBRIDGE, Mass., June 15, 2023 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 2 , marked a milestone year in collaboration with over 2,250 dealer partners 3 who fueled the success...

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 PR Newswire NEW YORK , June 2, 2023 /PRNewswire/ -- S&P Dow...

2023-05-12 09:56:44 ET CarGurus' (NASDAQ: CARG) stock beat the market by a wide margin this week. Shares were up 21% through Thursday trading, compared to a 0.1% drop in the S&P 500 , according to data provided by S&P Global Market Intelligence . That spike added...

2023-05-11 14:46:44 ET Summary CarGurus, Inc. recently reported its Q1 2023 financial results. The firm connects automobile buyers with dealers and other sellers in the U.S., Canada, and the UK. While its Q1 results weren't as bad as feared, a softening economy combined with r...

2023-05-11 09:15:18 ET Summary After the earnings, the company’s share price skyrocketed. I wanted to delve deeper into the company's financials mainly while touching on the sector and business outlook briefly. The company has a very strong balance sheet, but with a cou...

2023-05-10 15:30:00 ET CarGurus (NASDAQ: CARG) investors trounced the market on Wednesday. The online auto-selling platform's shares were up 17% by 3 p.m. ET, compared to a flat performance for the S&P 500 index. The boost added to a good 2023 for owners of the stock, which ...

2023-05-10 13:16:11 ET CarGurus ( NASDAQ: CARG ) pushed higher in afternoon trading on Wednesday after the retailer posted a better-than-feared Q1 earnings report. Revenue was down 46% year-over-year during the quarter to $232.0M. Marketplace revenue was up 2% to $167.1M, wh...