Why TrueCar Stock Is Rising Today

Shares of online car-shopping service TrueCar (NASDAQ: TRUE) were moving sharply higher on Wednesday, after a Wall Street analyst upgraded the stock and said that the company has the right pieces in place to thrive as the economy recovers.

As of 11 a.m. EDT, TrueCar's shares were up about 20.5% from Tuesday's closing price.

Image source: TrueCar.

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Source Fool.com