SunCar Technology: Improved Sales Performance, But Downsides Exist Too (NASDAQ:SDA)

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EvgeniyShkolenko

Since I last wrote about China’s automotive services provider SunCar Technology Group (NASDAQ:SDA) in July, its share price is down by 32%. This wasn’t unexpected. At the time, its market multiples indicated that it was richly valued, especially in the context of a

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