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The Latest Breaking News from Avis Budget

Avis Budget Just Named the Firm Behind Its Apparent Short Squeeze. Should You Keep Gambling on CAR Stock Here?

Avis Budget's stock surged in a short squeeze tied to Pentwater Capital Management but quickly reversed after selling pressure and weak earnings.

Avis Budget Stock Just Halved in the Blink of an Eye... and Wall Street Thinks It Has Much Farther to Fall

Avis Budget Stock Just Halved in the Blink of an Eye... and Wall Street Thinks It Has Much Farther to Fall

Avis Budget’s meteoric short-squeeze surge to well above $800 and brutal 70% collapse may just be the beginning of a deeper unwind as fundamentals reassert control.

As a Short Squeeze Takes Hold of Avis Budget Stock, Should You Load Up on CAR Shares?

As a Short Squeeze Takes Hold of Avis Budget Stock, Should You Load Up on CAR Shares?

Avis Budget gets caught in a short squeeze as shares surge over 600% in a month.

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Avis Budget Group Stock Explodes 15% on Massive Short Squeeze Frenzy Amid Travel Demand

Avis Budget Group Inc. shares continued their meteoric rise Tuesday, surging more than 15% in early trading to $700.51 as one of the most intense short squeezes in recent memory showed no signs of easing, with short interest exceeding 50% of the float and hedge funds scrambling to cover positions.

International Business Times

Zipcar confirms it is ceasing UK operations as hopes of it staying in London fail

Drivers will see their accounts deactivated in 30 day’s time, while customers will be unable to make new bookings

Evening Standard

What has gone wrong at Zipcar – and is UK car-sharing market dead?

Vehicle hire firms have struggled to succeed in London but other European countries offer examples to follow

The Guardian - UK

Zipcar, world’s biggest car-sharing company, to close UK operation

Move by firm, owned by US group Avis Budget, will remove access to shared fleet across London at end of year

The Guardian - UK

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Avis Budget Stock Drives Higher On Q3 Earnings Report

Avis Budget Stock Drives Higher On Q3 Earnings Report

Avid Budget Group, Inc. (NASDAQ:CAR) shares traded higher after the company beat estimates on the top and bottom lines in the third-quarter.

Avis Budget Stock Falls As Bank of America Warns Weak Demand, Pricing Could Hurt Earnings

Avis Budget Stock Falls As Bank of America Warns Weak Demand, Pricing Could Hurt Earnings

Avis Budget Group (NASDAQ:CAR) shares are trading lower after BofA Securities analyst Federico Merendi downgraded the stock from Buy to Underperform and cut its price target from $120 to $113.

Analysts Dub This 1 Stock an Auto Tariff Winner. Shares Could Surge 50% in 2025.

Analysts Dub This 1 Stock an Auto Tariff Winner. Shares Could Surge 50% in 2025.

Down more than 40% in the last year, this car rental company trades at a 50% discount to consensus price target estimates in March 2025.

Why This Avis Budget Analyst Remains Bearish Despite Positive Third Quarter Earnings

Why This Avis Budget Analyst Remains Bearish Despite Positive Third Quarter Earnings

Due to a surprisingly low $10 a unit per month depreciation figure, Avis Budget Group Inc (NASDAQ: CAR) beat its consenus adjusted EBITDA estimates by 32%.

Avis Budget, Zebra Technologies And Some Other Big Stocks Moving Lower On Tuesday

Avis Budget, Zebra Technologies And Some Other Big Stocks Moving Lower On Tuesday

FAT Brands Inc. (NASDAQ: FATBB) fell 30% to $10.50. The company recently posted a Q2 net loss of $8.2 million or $0.50 per share.

Insiders Buy Around $81M Of 4 Stocks

Insiders Buy Around $81M Of 4 Stocks

Although the Dow Jones dropped around 150 points on Tuesday, there were a few notable insider trades.

10 Biggest Price Target Changes For Friday

10 Biggest Price Target Changes For Friday

Barclays cut the price target on Avis Budget Group, Inc. (NASDAQ: CAR) from $245 to $223. Avis Budget shares rose 2.3% to $224.98 in pre-market trading.

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