CarGurus (CARG) IPO Opens Up 81% Higher

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CarGurus Inc. (CARG) Prices 9.4M Share IPO at $16/Sh

October 12, 2017 5:37 AM EDT

CarGurus, Inc. (NASDAQ: CARG) today announced the pricing of its initial public offering of 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... More