On Friday, SunCar Technology Group Inc. (NASDAQ:SDA) experienced a gap up in its shares before trading began. The stock closed at $8.30 and opened at $8.50, with shares last trading at $8.49. A total of 27,575 shares changed hands during the trading session.
SunCar Technology Group Inc., based in China, operates through three segments: Insurance Intermediation Business, Automotive After-Sales Business, and Technology Business. It provides digitalized automotive after-sales services and online insurance intermediation services to customers in China through its subsidiaries.
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