CarGurus, Inc. Announces Pricing of Initial Public Offering

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CarGurus (CARG) IPO Opens Up 81% Higher

October 12, 2017 10:49 AM EDT

Today's IPO for CarGurus, Inc. (NASDAQ: CARG) opened for trading at after pricing 9,400,000 shares of its Class A common stock at a public offering price of $16.00 per share, before underwriting discounts. CarGurus is issuing and selling 2,500,000 shares of Class A common stock and the selling stockholders are... More