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1.34432454027074E-16 0.000283795288998348 0.000922334689244261 0.000331094503831339 0.00108788194115986 0.0019856210386908 -0.00293255131964798 -0.00387853561630874
Stock impact report

How Avis's short squeeze is hijacking the Dow transports scoreboard: Chart of the Day [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
The index has logged its 10th intraday record high in the past 11 sessions and is up 34% over the past month. But because the Dow transports are price-weighted , Avis's near-vertical move is punching far above its economic weight — even though the company just posted a nearly $1 billion annual loss. At roughly $700 a share, it is now the highest-priced stock in the index, and according to Yahoo Finance calculations, Avis accounts for about 66% of the transports' gain in this monthlong run. Dow Transportation Stocks — Contribution to 1-Month Index Gain But this is not just a one-stock squeeze. Strip out Avis, and the transports still recently pushed to a fresh high, though just barely. Dow Transportation Index With and Without Avis Budget Group (CAR) Underneath the surge, there is still broad participation from J.B. Hunt ( JBHT ), Old Dominion ( ODFL ), Ryder ( R ), and Landstar ( LSTR ), all up more than 20%. But CSX ( CSX ), American Airlines ( AAL ), Alaska Air ( ALK ), Show less Read more
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