🔴 CarGurus is trading 4.36% down today amid broader market pressure; direct cause unconfirmed

CarGurus is trading down 4.36% at $29.80; no direct cause is confirmed.

• No company-specific announcement explaining the October 1 move surfaced in available results; CarGurus’ investor-relations page lists second-quarter results, not a new October 1 catalyst.
• The 10-year yield reached 5.3338%, its highest since April 2002; reports cited the stronger-than-expected 2.2% second-quarter GDP estimate and rising yields as market concerns.
• Major indices supplied here were modestly lower, so macro sentiment is a possible backdrop, not a confirmed direct cause.