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Shares of online auto-sales marketplace CarGurus (NASDAQ: CARG) were trading lower on Friday, after the company's fourth-quarter earnings and first-quarter guidance fell short of Wall Street's expectations. As of 1 p.m. EST, CarGurus' shares were down about 9% from Thursday's closing price. CarGurus reported its fourth-quarter 2020 earnings after the market closed on Thursday, and while they weren't bad, they weren't great.
Image source: The Motley Fool. CarGurus, Inc. (NASDAQ: CARG)Q4 2020 Earnings CallFeb 11, 2021, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreetings and welcome to CarGurus' Fourth Quarter 2020 Earnings Results Conference Call.