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Country
US
Industry
Communication Services
Market Cap
Mid Cap
Num. Employees
1403
IPO Date
Oct 12, 2017
Country
US
Industry
Communication Services
Cargurus, Inc. is an online automotive platform, which engages in buying and selling vehicles that is building upon its listings marketplace with digital retail solutions and the CarOffer digital wholesale platform. The company is headquartered in Cambridge, Massachusetts and currently employs 1,403 full-time employees. The company went IPO on 2017-10-12. The CarGurus platform enables consumers to buy and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, instantly acquire, effectively market, and quickly sell vehicles, all with a nationwide reach. The firm operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the United States. The Digital Wholesale segment provides Dealer-to-Dealer and Instant Max Cash Offer (IMCO) services and products which are sold on the CarOffer platform. The firm operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. The company also operates the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.
Sources
Mentions
Mentions of this stock across all news source scraped in the past 30 days
Recent Mentions
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Finnhub
33.33%
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33.33%
zacks.com
16.67%
Others
16.67%
“As we near the end of 2024, it’s clear that consumers are speaking loudly with their wallets,” Kevin Roberts, CarGurus (CARG)’ director of economic and market intelligence, said in a statement.
Recent Mentions
Recent Mentions
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News Sentiment
Sentiment
Composite sentiment (positive vs. negative language) expressed across news sources mentioning this stock
Today
Recent Mentions
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Neutral
-14.08% more bearish
compared to last week