CARS News and Press, Cars.com Inc. From 07/20/23

2023-07-20 09:50:11 ET Carvana ( NYSE: CVNA ) slipped nearly 5% on Thursday morning as RBC Capital Markets downgraded the shares. The used car seller reported better Q2 results and debt restructuring on top of new access to equity capital reducing liquidity risks, but that w...

CARS to Announce Second Quarter 2023 Financial Results PR Newswire CHICAGO , July 20, 2023 /PRNewswire/ -- Cars.com Inc . (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific...

2023-07-18 17:12:40 ET Carvana ( NYSE: CVNA ) dropped more than 8% post-market after the used car sales group said it would report second-quarter results before the market opens on July 19 instead of August 3. The news comes amid a report that the total supply of unsold used...

2023-07-12 16:55:06 ET Carvana ( NYSE: CVNA ) saw yet another big day of gains, with shares closing up more than 9% . Speculative buying and short squeeze action are still the story. The auto retailer did not issue any press releases or post a new SEC filing to shake up the ...

2023-07-07 14:14:26 ET Carvana Co. ( NYSE: CVNA ) jumped more than 16% on Friday afternoon, with year-to-date gains surpassing 500% . The online used car retailer is one of the most shorted stocks on Wall Street with 63% of shares shorted. That compares to about 13% each...

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...

CARS.COM AMERICAN-MADE INDEX SEES 260% JUMP IN ELECTRIFIED VEHICLES SINCE 2020, TESLA LANDS TOP SPOTS PR Newswire GM, Ford, Honda and Toyota Claim Most Vehicles on 2023 Index CHICAGO , June 21, 2023 /PRNewswire/ -- Fresh off a rebrand , car-s...

CARS.COM'S NEWEST MODEL: A MODERN BRAND, FRESH AD CAMPAIGN AND ENDLESS 'POSSIBILITIES' PR Newswire For 25th Anniversary, Brand Upgrade Stakes a Claim on Where Car Buying and Selling Is Going Next CHICAGO , June 1, 2023 /PRNewswire/ -- Car-shopping marketp...

2023-05-24 12:02:25 ET In its preliminary annual 2023 Russell indexes reconstitution, the following consumer companies will be added to and deleted from the Russell microcap index: Notable additions: Stitch Fix ( SFIX ), Genius Brands ( GNUS ), 2U ( TWOU ), Big Lots ( ...

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...