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Stock impact report

TrueCar shares slide 14% on news CEO Chip Perry has resigned [MarketWatch]

TrueCar, Inc. (TRUE) 
Last truecar, inc. earnings: 2/20 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.true.com/investor-relations
Company Research Source: MarketWatch
TrueCar shares slide 14% on news CEO Chip Perry has resigned TrueCar Inc. shares TRUE, -15.11% slid 14% Monday, after the online car-pricing company said Chief Executive Chip Perry has retired. The board has named Michael Darrow as interim CEO. Darrow is currently executive vice president of Partner and OEM Development and President of ALG, an industry authority on automotive residual value projections. The company is also planning for Perry to continue to support the company in an advisory capacity. Shares have fallen 38% in 2019 to date, while the S&P 500 SPX, -0.51% has gained 9%. Show less Read more
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