Tag Archives: true

IPO Stock Watch: Auto Website TrueCar Stock Hits High

TrueCar (TRUE) stock jumped 14.7% Tuesday on more than double average daily trading volume, hitting a new high. The company, which provides a negotiation-free, car-buying and selling website, on Tuesday said it partnered with the National Education Association to launch an auto-buying program designed to provide savings for NEA members and educators. TrueCar launched its initial public offering on May 16, priced at 9, below its estimated range of

TrueCar Reverses Despite Positive Analyst Ratings

TrueCar (TRUE) has gained the confidence of some analysts, who say that the recent IPO can compete with several established players in the business of online sales of new and used cars. eBay and others in the business of online sales of new and used cars. TrueCar launched its IPO last month at 9 a share, below its expected range. Shares drifted lower for a few days, then rallied, hitting an intraday peak of 15.85 on Monday. The company is one of

TrueCar Gets Positive Analyst Ratings In New Coverage

TrueCar has gained the confidence of some analysts, who say that the company can compete with Autobytel (ABTL), eBay and others in the business of online sales of new and used cars. TrueCar (TRUE) launched its IPO last month at 9 a share. The company is one of several tech-related IPOs this year. The company provides a platform designed to make it easier for consumers to buy cars. TrueCar works with 7,200 dealers and attracts an average of 3.9 million