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0.00334799316706284 -0.00477776063355308 -0.00482341093580382 -0.0185185016109992 -0.041298002434074 -0.047392317784536 -0.0480770723182958 -0.0557463230964052
Stock impact report

Why Shares of Avis Budget Group Collapsed This Week [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
company experienced a massive short squeeze in the past few weeks, with retail traders piling in against large institutional short positions before the party ended. As of this writing at 11:00 AM EST on Friday, April 24th, Avis Budget Group is in a 67% drawdown after rising over 500% at one point over the last month. Here's why the stock finally fell this week, and what investors should do going forward. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Short squeeze gains turn to losses A short squeeze can occur in a small-cap stock when a high % of its outstanding shares are sold short. Short sales occur when a stock is borrowed from an investor, who then sells it into the open market, aiming to profit by repurchasing it at a lower price. A short squeeze can happen when a bunch of investors try to buy back t Show less Read more
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