CarGurus spikes 72% in auto marketplace IPO

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 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
Fundings & Exits – TechCrunch

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