On Wednesday, SunCar Technology Group Inc. (NASDAQ: SDA) experienced a gap down in its share price before trading. The stock closed at $8.47 and opened at $8.30, ultimately trading at $8.35 with a volume of 31,157 shares changing hands. Despite this, the company has a strong track record and continues to operate through three segments: Insurance Intermediation Business, Automotive After-Sales Business, and Technology Business.
SunCar Technology Group Inc.’s Insurance Intermediation Business provides digitalized insurance intermediation services in the People’s Republic of China, while its Automotive After-Sales Business offers online after-sales services for automotive products. Its Technology Business focuses on developing technology solutions for automotive businesses.
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