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0.00114155251141546 0.00034246575342467 0.00136757990867578 -0.00711187214611877 -0.00502283105022828 -0.00536529680365295 -0.00776255707762565 -0.00108219178082199
Stockreport

Avis's stock tumbles enough to turn Dow transports negative [MarketWatch]

AVIS BUDGET GROUP (CAR)  More Company Research Source: MarketWatch
Last avis budget group earnings: 5/2 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
PDF Avis's stock tumbles enough to turn Dow transports negative Shares of Avis Budget Group Inc. CAR, -10.34% tumbled 10.2% in midday trade, enough to turn the Dow Jones Transportation Average DJT, -0.36% negative despite the rally in the other broad market barometers to record highs. The car rental company's stock fell, on the heels of a 26-month closing high on Friday, after company said before the open that it expected to continue to face certain ongoing headwinds in 2018 , such as the negative impact of rising interest rates. The stock's $5.02 price decline shaved about 31 points off the price of the Dow transports, which was down about 16 points, or 0.1%. Meanwhile, the Dow Jones Industrial Average DJIA, +0.55% was up 153 points, or 0.6%. [Read more]

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