12 Oct

CarGurus spikes 72% in auto marketplace IPO

 Used-car marketplace CarGurus spiked more than 72 percent during its first day of trading. The Cambridge, Massachusetts-based company had raised more than $150 million after pricing its IPO at $16. By the end of trading Thursday, shares had gone up more than 72 percent, closing at $27.58. Read More
Source: TechCrunch – Funding and Exits

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