Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

TrueCar Stock Gains As Goldman Sachs Takes Stake

True TrueCar Goldman Sachs Nasdaq NYSE
  • Goldman Sachs Group Inc (NYSE:GS) has taken a 6.3% stake in TrueCar Inc (NASDAQ:TRUE), regulatory filing shows.
  • Founded in 2005, TrueCar is an automotive digital marketplace that enables auto buyers to connect to its nationwide network of Certified Dealers.
  • Santa Monica, California-based TrueCar powers auto-buying programs for more than 250 brands.
  • The company offers the purchasing process online by allowing consumers to find a new or used vehicle suitable for them, secure financing, sell or trade-in their current vehicle, and complete their purchase with a dealer.
  • Related Content: TrueCar Founder's Latest EV-Focused Subscription Service Offers To Book A Tesla In 10 Minutes
  • Price Action: TRUE shares traded higher by 7.46% at $3.39 on the last check Monday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Marvel Snap's new Deadpool trailer accidentally included a phone number leading to a fishy 'free medical alert device' promotion that I'm pretty sure is a scam
Ohh snap!
PC Gamer
PC Gamer
'No fireworks on ISS,' so astronauts experiment with 'light painting' instead (photos)
Eerie new ISS photos appear to show a ghost in the machine during Independence Day. NASA astronaut Matthew Dominick and others did 'light painting' with the U.S. flag in the background.
Space
Space
Smoky Mountains tourists caught on camera feeding bears from lodge balcony
Police and the owner of the lodge have been informed
Advnture
Advnture
Drake was at Michael Rubin’s all-white 4th of July party when Kendrick Lamar ruined his day with the ‘Not Like Us’ video
Kendrick Lamar is diabolical
USA Today Sports Media Group
USA Today Sports Media Group
Jennifer Lopez Goes Countryside Chic in the Hamptons Wearing $195 Flip Flops and a $6,400 Dior Bag
Her outfit for a holiday in the Hamptons is pure countryside chic.
Marie Claire
Marie Claire
Rapidly spinning 'extreme' neutron star discovered by US Navy research intern
A Navy research team intern is part of a group of astronomers who have discovered a rapidly spinning neutron star, or "pulsar," in a dense cluster of stars around 10 light-years away.
Space
Space
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play