Automotive


CarGurus share price soars 72% on listing day

CarGurus share price soars 72% on listing day

CarGurus’ long-awaited listing on the Nasdaq Stock Exchange went off sensationally well for the company yesterday when the share price spiked more than 72 percent on the first day of trading. The company’s share had been priced to list at $16 U.S. --- already higher than expected --- but jumped to $27.58 by the end of the day.


Auto site Clicars triples transaction value

Auto site Clicars triples transaction value

Spanish used-auto start-up Clicars.com facilitated transactions with a total worth of €15 million ($17.6 million U.S.) in its second year, according to newspaper El Mundo, which was three times more than in its first year (in other words, from a low base).



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