CARG News and Press, CarGurus Inc. From 03/28/22

CAMBRIDGE, Mass., March 28, 2022 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, has rolled out its online car selling solution, CarGurus Instant Max Cash Offer , to four more states: North Carolina, South Carolin...

CAMBRIDGE, Mass., March 09, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced the eighth annual Top-Rated Dealer Awards. The awards are given to dealers that received the highest average ...

CAMBRIDGE, Mass., March 09, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced the sixth annual Top-Rated Dealer Awards in Canada. The awards are given to dealers that received the highest...

Among the topics on consumers' minds over the past several months has been the increase in prices of new and used cars. With the semiconductor shortage limiting new car manufacturing, reduced supply has increased car prices for consumers. This trend naturally led to a rise in used car price...

The following slide deck was published by CarGurus, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: CarGurus, Inc. 2021 Q4 - Results - Earnings Call Presentation

CarGurus Inc. (NASDAQ:CARG) traded today at a new 52-week high of $47.66. So far today approximately 571,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares. CarGurus Inc is a company that acts as an online automotive marketplace connecting buyer...

Stocks finished higher again on Friday, extending Thursday's late rally amid hope that the conflict in Ukraine will remain limited. Given the focus on military action, defense contractors had a robust session, with Raytheon Technologies (NYSE:RTX), General Dynamics (NYSE:GD) and Lockheed Mart...

Stock markets had gotten beaten down badly in February, but Friday brought some relief to those who'd seen their portfolios take big hits. Many uncertainties remain, but investors took a more optimistic view of how things are likely to turn out in the long run, and that led to sizable gains...

Gainers: Inspirato (NASDAQ:ISPO) +48%. KAR Auction Services (NYSE:KAR) +40%. Farfetch (NYSE:FTCH) +39%. CarGurus (NASDAQ:CARG) +36%. Aerie (NASDAQ:AERI) +28%. IronNet (NYSE:IRNT) +26%. Nymox (NASDAQ:NYMX) +26%. Block (NYSE:SQ) +24%. Schrodinger (NASDAQ:SDGR) +21%. Paramount Group (NYSE:PGRE) ...

CarGurus (NASDAQ:CARG) stock climbed 13% premarket after the online automotive platform reported Q4 results that beat Street estimates. CARG projects Q1 non-GAAP EPS $0.31-0.33 vs. consensus estimate of $0.33. Q1 total revenue is expected to be $390M-410M, well above consensus estimate o...