|Bid||2.4200 x N/A|
|Ask||2.4400 x N/A|
|Day's range||2.3200 - 2.4200|
|52-week range||2.3200 - 3.8400|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Joining me today are Mike Darrow, our president and chief executive officer; and Jantoon Reigersman, our chief financial officer and chief operating officer. Before we get started, I want to remind you that we will be making forward-looking statements on this call.
Things roughly worked out for my "three stocks to avoid" column last week. The three stocks I thought were going to lose to the market for the week -- Shopify, Fat Brands, and Tesla Motors -- declined 7%, rose 1%, and surged 9%, respectively, averaging out to a 1% increase. Wayfair was a market darling when we were hunkering down at the start of the pandemic.
TrueCar is an online platform that links car buyers and dealers together, and uses its database of pricing information to give both parties an accurate, fair price of each car on the platform. Buyers and dealers are able to use the ‘TruePrice’ offer the system creates, or come to their own price during the negotiation process. Now TrueCar says 60% of its users want to complete the full car buying process online. That’s where a new pilot program in Florida called TrueCar+ comes into play.