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-0.00193788566474576 -0.0097404253149064 -0.00300882247947373 -0.00137691876179311 -0.0208577693916059 -0.0322300984241929 -0.0381712478963742 -0.0489061145392422
Stock impact report

Avis Short Squeeze Shocked the Market: Are These 3 Stocks Next? [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
Key Points A recent Avis Budget Group short squeeze, which sent shares from $100 to $700, illustrates how a captured float and high short interest can produce extreme price moves. True short squeezes are rare and require a combination of factors coming together to materialize. Groupon, Asana, and Beyond Meat each show elevated short interest above 30%, more than five days to cover, and near-term catalysts: the recipe to ignite a short squeeze Interested in Groupon, Inc.? Here are five stocks we like better. Investors felt like it was 2021 all over again when shares of Avis Budget Group (NASDAQ: CAR) soared from $100 to $850 in just over three weeks. No announcement or breakthrough caused the surge; just a classic short squeeze story involving an artificially-limited float and unbridled risk-seeking behavior. ? Pipelines and Automation: 2 Energy Plays Built for Any Oil Price The squeeze was orchestrated by a pair of hedge funds that effectively gained control of the en Show less Read more
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