Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why TrueCar Stock Is Up Over 10% Today

TheMotleyFool

0 0

Shares of online car-shopping service TrueCar (NASDAQ: TRUE) were on the rebound on Monday, after a post-earnings drop on Friday eliminated over a quarter of their value.

As of 2:30 p.m. EDT, the stock was up about 12% from Friday's close.

TrueCar reported after the bell last Thursday that its second-quarter results had missed Wall Street's estimates as well as its own prior guidance. The company also made a significant cut to its full-year 2019 guidance, saying that this year's results will fall short of 2018's.

Source Fool.com

Like: 0

TRUE

Share