![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, November 23, 2016 9:26:28 AM
"So, digital advertising can slip hard during a market crash, as can cyclical stocks.
What happens to a stock that has a little of Column A and a little of Column B?
That’s the problem with TrueCar Inc. (TRUE), which makes money from ad fees on the purchase of automobiles. TrueCar has already been struggling of late, forcing the company to bring in a new CEO.
The main issues has been the difficulty in managing relations with dealers, such as Autonation, Inc. (AN), that have concerns about the way TRUE puts together its ratings.
The new CEO is taking swift action to change course, but this will be a tough transformation to make. Meanwhile, growth has been dismal, with TRUE’s revenues inching up a mere 2% while net losses reached $14.7 million.
TrueCar also must deal with rivals including pure plays like AutoTrader.com, Cars.com and Edmunds, as well as more diversified players including Alphabet and eBay Inc. (EBAY). Even dealers are investing in their own digital efforts, which could lead to less demand for ad services."
Recent TRUE News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 10:18:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 10:15:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 10:12:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 10:09:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 10:17:03 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 10:12:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 10:07:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 10:00:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 09:55:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 09:53:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:36:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 12:15:39 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 12:12:34 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 12:08:43 AM
- TrueCar Releases First Quarter 2024 Financial Results and Stockholder Letter • PR Newswire (US) • 04/29/2024 08:05:00 PM
- TrueCar to Announce First Quarter 2024 Financial Results in Stockholder Letter on April 29 • PR Newswire (US) • 04/16/2024 01:00:00 PM
- Diego Rodriguez Nominated to Stand for Election to TrueCar's Board of Directors at May 23, 2024 Annual Meeting • PR Newswire (US) • 04/08/2024 09:55:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:40:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:39:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:36:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:32:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 11:22:58 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 09:56:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 01:26:12 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/29/2024 09:43:54 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM