$CARG

NYC sued CarGurus for allegedly misleading consumers about fees. Unifor authorized a strike at Stellantis' Canadian plants, while supplier Dakkota will close its Detroit plant. GM plans to add hybrid models due to rising fuel prices. Negative equity in trade-ins reached 29.1% in Q3, per Edmunds. NADA elected Sandy Fitzgerald Angello as 2027 chairman.

New York City sued CarGurus, alleging its 'Great Deal' ratings misled consumers by not accounting for hidden fees, leading to overpayments. The city claims over 2,000 violations, seeking restitution and penalties. CarGurus has not yet responded to the allegations.

CarGurus CTO Matthew Todd Quinn sold 3,824 shares at $29.62 each, totaling $113,266. He also had 9,129 shares withheld for taxes. Quinn now owns 220,193 shares. CarGurus reported Q2 earnings of $0.66 per share on $251M revenue, beating estimates. Needham raised its price target to $44, maintaining a Buy rating.

Etsy, CarGurus, Cars.com, and EverQuote shares fell due to concerns about Meta's AI agent, Muse, disrupting digital marketplaces. Goldman Sachs noted AI could reduce consumer inertia, pressuring companies like Netflix and Expedia. Etsy, CarGurus, Cars.com, and EverQuote dropped 4.1%, 5.1%, 5.7%, and 8.2% respectively. EverQuote is down 29.3% YTD and 35.4% from its 52-week high.

Shutterstock (NYSE:SSTK) reported Q2 revenue of $221.8M, down 16.9% YoY, missing estimates. ACV Auctions (NYSE:ACVA) reported $213.9M, up 10.4% YoY, slightly missing expectations. eBay (NASDAQ:EBAY) reported $3.13B, up 14.8% YoY, beating estimates. All stocks declined post-earnings.

CarGurus, Inc. (CARG) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 FOR IMMEDIATE RELEASE CarGurus Appoints Matthew Mandel as Chief Financial Officer Finance and operations leader brings deep marketplace and software experience, scaling consumer and B2B brands BOSTON, Sept. 3, 2026 – CarGurus (Nasdaq: CARG), the No. 1 most visited au

Sarnoff Dafna (Chief Marketing Officer) sold 17,151 shares of CarGurus, Inc. (CARG) at $37.00 ($0.63M total) on 2026-08-13 under a Rule 10b5-1 trading plan.

Schwartz Greg M sold 10,000 shares of CarGurus, Inc. (CARG) at $36.07 ($0.36M total) on 2026-08-12.

CarGurus (NASDAQ:CARG) reported Q2 CY2026 revenue of $251 million, up 13.1% year on year and in line with Wall Street expectations. Next-quarter revenue guidance is $256 million, about 0.7% below estimates. Non-GAAP profit was $0.66 per share, 7.6% above consensus. The stock rose 5.2% to $38.30 after results.

CarGurus, Inc. (CARG) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 CarGurus Announces Second Quarter 2026 Results Q2'26 revenue grew 13% YoY to $251.0 million, above the midpoint of our guidance range Q2'26 GAAP net income from continuing operations of $49.2 million; non-GAAP adjusted EBITDA from continuing operations of $84.7 milli