Cars.com Shares Plunge 15% on Missed Earnings and Revenue Warning

From：Internet Info Agency 2026-02-27 03:45:02

Shares of online automotive marketplace Cars.com plunged 15% in late trading on Thursday after the company reported fourth-quarter earnings that fell short of market expectations and lowered its full-year revenue guidance. Cars.com attributed the revenue pressure primarily to strategic shifts in advertising spending by original equipment manufacturers (OEMs), which weighed on its ad revenue. The news rattled investor confidence, sending the stock sharply lower.

Editor：NewsAssistant

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