IPO Stock Watch: Auto Website TrueCar Stock Hits High

By | August 12, 2014

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TrueCar (TRUE) stock jumped 14.7% Tuesday on more than double average daily trading volume, hitting a new high. The company, which provides a negotiation-free, car-buying and selling website, on Tuesday said it partnered with the National Education Association to launch an auto-buying program designed to provide savings for NEA members and educators. TrueCar launched its initial public offering on May 16, priced at 9, below its estimated range of Scalper1 News

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