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Due to these significantly reduced projections, the analyst also withdrew his price forecast on the stock. Price Action : TRUE shares are down 5.21% at $2.531 at the last check Friday. Read Next:
In January 2011, TrueCar released ClearBook, a used vehicle index that analyzes the used car market in the same way TrueCar did for new cars. [13] [14] In May 2011, TrueCar acquired News Corp-backed Honk.com, a social car shopping platform. [15] In late 2011, TrueCar launched a television advertising campaign with commercials promoting its ...
In August 2016, Cox Automotive bought out News Corp Australia's 55% stake in CarsGuide.com.au, forming the new automotive venture, Cox Automotive Australia. [ 10 ] [ 11 ] [ 12 ] This eventually led to the launch of the Autotrader.com.au website in October 2018, alongside the Australian arm of Kelley Blue Book.
This month, we saw the TrueCar, Inc. (NASDAQ:TRUE) up an impressive 41%. But will that repair the damage for the weary...
According to the complaint, Santa Monica, California-based TrueCar, which operates an internet-based platform for car pricing, disclosed the possibility of changes as merely a risk to its bottom ...
Scott Painter (born September 30, 1968) is an American investor and entrepreneur in the technology and automotive industries.. In 2016, he co-founded Fair, Inc., a Los Angeles–based automotive financial technology company, with Georg Bauer [1]
The J. Thomas Presby Stock Index From January 2008 to December 2012, if you bought shares in companies when J. Thomas Presby joined the board, and sold them when he left, you would have a 42.9 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
TrueCar stock is down 8% year-to-date, though it is easily outpacing the performance of its competitors Carvana and Vroom, and even the S&P 500 , which at the time of this writing is down 17%.