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0.00788141865535796 0.00646116300934172 0.00206157108279489 -0.00306055089916179 0.0152027364925687 0.0191434458202476 -0.00686123502230403 -0.0316656998259686
Stock impact report

Why Is Avis Budget Group (CAR) Stock Soaring Today [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
This is a huge win for Avis because it makes its existing fleet more valuable and lowers the costs the company faces when selling older vehicles. The stock also got a big boost from a "short squeeze." This happens when investors who bet against a stock are forced to buy it back quickly, which creates a fast wave of buying that drives the price up even further. Is now the time to buy Avis Budget Group? Access our full analysis report here, it's free What Is The Market Telling Us Avis Budget Group's shares are extremely volatile and have had 31 moves greater than 5% over the last year. But moves this big are rare even for Avis Budget Group and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 4.1% on the news that markets rebounded, driven by stabilizing oil prices and reports that President Trump was considering an end to the military conflict in Iran. According to The Show less Read more
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