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Stock impact report

Avis, CarMax, and Carvana: 3 Car Stocks Sharply Diverge [Yahoo! Finance]

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: Yahoo! Finance
CarMax remains down significantly as it loses market share. Meanwhile, Carvana is taking share, putting the stock heavily in the green over the past 52 weeks. Interested in Avis Budget Group, Inc.? Here are five stocks we like better. Car rental and used car stocks are seeing a wide divergence in their performance. Three notable names across these industries are Avis Budget Group (NASDAQ: CAR), CarMax (NYSE: KMX), and Carvana (NYSE: CVNA). Among them, 52-week returns stretch from falls of 30% to gains of nearly 500%. Let's break down what's driving the differing performance within this group and what Wall Street analysts are calling for next. Avis Catapults on Suspected Short Squeeze Over the past 52 weeks, the return of Avis Budget Group exceeds 450% and is approaching the 500% mark. Since the end of March alone, Avis shares are up more than 200%, with the stock posting nine single-day gains of 10% or more. Analysts have largely attributed the explosive rise in Avis to a s Show less Read more
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