All 20 components in red as Dow transports lose ground early Monday [MarketWatch]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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US:NASDAQ Investor Relations:
ir.avisbudgetgroup.com
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Source: MarketWatch
Dow transports fall, with all 20 components losing ground The Dow Jones Transportation Average DJT, -1.07% sank 1.2% in morning trading Monday, with all 20 components losing ground, to outpace weakness in the broader stock market. Piper Jaffray Chief Market Technician Craig Johnson downgraded the transportation sector to underweight from neutral, citing a slowing of the global economy and the expectation that headwinds from the ongoing trade war will keep restraining valuation multiples and growth rates in the sector "for the foreseeable future." Within the Dow transports, the biggest decliner was Avis Budget Group Inc.'s stock CAR, -4.46% , which shed 3.2%. Of the more-active components, shares of American Airlines Group Inc. AAL, -2.43% gave up 2.6%, Delta Air Lines Inc. DAL, -1.19% shed 1.0% and CSX Corp. CSX, -0.90% slid 1.4%. Meanwhile, the Dow Jones Industrial Average DJIA, -0.73% lost 171 points, 0.7%.
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News
- Hertz Global eyes worst day on record as EV rental business falters [Reuters]Reuters
- Hertz Global eyes worst day on record as EV rental business falters [Yahoo! Finance]Yahoo! Finance
- Centrus Energy: Secular Tailwinds And Regulatory Environment Make The Company Still Cheap [Seeking Alpha]Seeking Alpha
- Avis Budget Group to Announce First Quarter 2024 Results on May 1st [Yahoo! Finance]Yahoo! Finance
- Avis Budget Group to Announce First Quarter 2024 Results on May 1stGlobeNewswire
CAR
Earnings
- 2/12/24 - Beat
CAR
Sec Filings
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- 3/18/24 - Form 8-K
- CAR's page on the SEC website