Avis Budget (CAR) Rockets to 4-Year High — Here's Why [Yahoo! Finance]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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Source: Yahoo! Finance
Avis Budget soared to a nearly four-year high on Tuesday amid increased short interest for its stock, while investors placed bets on rental car stocks on expectations that they would benefit from the travel disruptions triggered by the tensions in the Middle East. In intra-day trading, Avis Budget Group Inc. (NASDAQ:CAR) climbed to its highest price of $256.99 before paring gains to finish the session just up by 20.01 percent at $255.15 apiece. Photo by Erik Mclean on Pexels Avis Budget Group Inc. (NASDAQ:CAR) is a heavily shorted company, with at least 20 percent of its total float sold short, giving room for potential breakout rallies. Last year, the company narrowed its net loss by 51 percent to $889 million from $1.82 billion in 2024. Revenues decreased by 1.6 percent to $11.6 billion from $11.79 billion year-on-year. In the fourth quarter alone, Avis Budget Group Inc. (NASDAQ:CAR) incurred an attributable net loss of $747 million, or 61.8 percent lower than the $1.958
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News
- Billionaire Karthik Sarma Scores Big As Avis Stock Surges 160% [Yahoo! Finance]Yahoo! Finance
- Why Shares of Car-Rental Outfit Avis Are Driving Higher Today [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Why Is Avis Budget Group (CAR) Stock Soaring Today [Yahoo! Finance]Yahoo! Finance
- Avis Budget Group (CAR) was downgraded by Deutsche Bank Aktiengesellschaft from "buy" to "hold". They now have a $128.00 price target on the stock.MarketBeat
- Deutsche Bank turns cautious on Avis Budget after the one-week +30% rally [Seeking Alpha]Seeking Alpha
CAR
Earnings
- 2/18/26 - Miss
CAR
Sec Filings
- 4/7/26 - Form SCHEDULE
- 4/2/26 - Form DEFA14A
- 4/2/26 - Form DEF
- CAR's page on the SEC website