Today TrueCar, a company that was selected as a finalist in the 2008 TechCrunch50 event went public, raising around $70 million and gaining nearly 12% to end its first day as a public company at $10.06 per share. The company priced its shares at $9 apiece. That final price was steeply under its expected range of $12 to $14 per share. The current IPO market, for most, is somewhat unsettled.… Read More
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