|Daily Range||$4.91 - $5.44|
|52-Week Range||$4.01 - $25.00|
|Dividend (Yield)||$0.00 (0.0%)|
|Average Daily Volume||1,910,627|
|Current FY EPS||-$0.56|
TrueCar (TRUE) Description
TrueCar Website: http://www.truecar.com/
At first glance, TrueCar's second quarter seemed solid in many aspects, but one graph scared investors away.
Wall Street certainly isn't fond of these two businesses, but is that pessimism warranted?
Slower growth, persistent losses, and lowered guidance sent the stock tumbling.
Revenue rose 31%, but the company posted a loss after originally guiding to a profit, and its founder will step down as a result.