Used car prices continue to drop as demand for cars shoots up [Yahoo! Finance]
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: Yahoo! Finance
CarGurus, an online new and used vehicle shopping site, released its U.S. 2024 October Intelligence Report this week, showing that new vehicle inventory was increasing and used vehicle inventory levels were stabilizing. The shift in supply and stronger-than-expected demand in the second half have brought down the average used vehicle list price to $28,200, 5% lower than a year ago, when the average price was $29,700, the report stated. In September, the average used vehicle listing price was $28,400. The average listing price for a new vehicle last month was $49,700, down from $50,700 a year ago. The listing price is the average price dealers ask, whereas the average transaction price data is from actual sales in October. Because of the much lower average used vehicle price, used cars are selling more quickly than new vehicles. "Although demand increased for both new and used vehicles in October, improvements in used car pricing and inventory have particularly driven shoppers t
Show less
Read more
Impact Snapshot
Event Time:
CARG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CARG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CARG alerts
High impacting CarGurus, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
CARG
News
- CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection Improve [Yahoo! Finance]Yahoo! Finance
- CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection ImproveGlobeNewswire
- CarGurus, Inc. (NASDAQ: CARG) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $46.00 price target on the stock.MarketBeat
- The last new car you can buy for less than $20,000 — and it's going away soon [USA TODAY]USA TODAY
- Market breadth woes, Trump tariffs to hit toys: Asking for a Trend [Yahoo! Finance]Yahoo! Finance
CARG
Earnings
- 11/7/24 - Beat
CARG
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- CARG's page on the SEC website