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Why Shares of TrueCar Are Down Sharply Today

TheMotleyFool

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Why Shares of TrueCar Are Down Sharply Today

Shares of online car-shopping service TrueCar (NASDAQ: TRUE) were down sharply on Tuesday, after the company posted a wider third-quarter loss and scaled back its full-year guidance.

As of noon EST, TrueCar's shares were trading at $11.10, down 32% from Monday's closing price.

Image source: TrueCar.

Source: Fool.com