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0 0 0 0 -0.00395100750691432 -0.00355590675622283 -0.00790201501382864 -0.00967996839193998
Stock impact report

Stabilizing Prices and Growing Inventory Create Bright Spots for Cost-Conscious Shoppers

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: GlobeNewswire
CarGurus mid-year analysis finds sedans, electric vehicles, and 2023 models offer biggest opportunities on the road toward affordability CAMBRIDGE, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its 2024 Mid-Year Review, identifying areas of opportunity as affordability comes into greater focus for today’s shopper. “In many ways, the market at mid-year is in a robust position with pent-up demand fueling sales, and improved pricing and selection giving shoppers more options. But this momentum is dependent on affordability as consumers face factors that are raising the all-in cost of car ownership today,” said Kevin Roberts, Director of Industry Insights & Analytics at CarGurus. “While interest rate cuts aren’t on the table in the near-term to help ease pressures, we are seeing rising opportunities for shoppers to find high-quality opt Show less Read more
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