Dow transports fall, with all 20 components losing ground [MarketWatch]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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ir.avisbudgetgroup.com
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Source: MarketWatch
Dow transports fall, with all 20 components losing ground The Dow Jones Transportation Average DJT, -1.30% 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, -5.19% , 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, -1.14% shed 1.0% and CSX Corp. CSX, -0.86% slid 1.4%. Meanwhile, the Dow Jones Industrial Average DJIA, -0.92% lost 171 points, 0.7%.
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CAR
News
- Avis Budget (CAR) Gains 28% Despite Earnings Miss in Q1 [Yahoo! Finance]Yahoo! Finance
- Avis Budget Group: Company Getting Very Attractive Now But Caution Warranted [Seeking Alpha]Seeking Alpha
- Avis Budget Group, Inc. (NASDAQ:CAR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Why Avis Budget Stock Surged Thursday [Yahoo! Finance]Yahoo! Finance
- Avis Budget Group, Inc. (NASDAQ: CAR) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
CAR
Earnings
- 5/1/24 - Miss
CAR
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/3/24 - Form DEFA14A
- CAR's page on the SEC website