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October 12, 2017 08:06 pm GMT
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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QVz3z97jsxc/
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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/QVz3z97jsxc/
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