TrueCar craters as USAA reality sets in

Feb. 21, 2020 9:26 AM ETTrueCar, Inc. (TRUE)TRUEBy: Clark Schultz, SA News Editor1 Comment
  • Shares of TrueCar (NASDAQ:TRUE) are down 28.90% in premarket action and are likely to open below the 52-week low.
  • The retailer's disappointing revenue guidance for 2020 is being attributed by analysts to the loss of the USAA partnership back in September.
  • There is only bullish rating on TrueCar standing on Wall Street in comparison to the 12 Neutral-equivalent ratings and 2 Sell-equivalent ratings.
  • Previously: TrueCar -11% after guidance disappoints (Feb. 20)

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