Avis Budget Group

Raysonho @ Open Grid Scheduler / Grid Engine, CC0

American rental car company

Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental, and Zipcar.

Business

Avis Stock Plunges 70%

Avis Budget Group shares tumbled 70% in 48 hours as a historic short squeeze came to an abrupt halt.

Avis Budget stock sank more than 40% as its epic short squeeze ran out of fuel Quartz — Apr 23, 17:45 PM
Avis Stock Collapse Sparks Plunge in Dow Transports It Lifted Bloomberg — Apr 23, 17:06 PM
Avis Shares Sink 57% in Two Days as Rally Meets a Crashing Halt Bloomberg — Apr 23, 14:01 PM
Avis Stock Drops 70% in Two Days. The Short Squeeze Is Colliding With a New Reality. Barrons — Apr 23, 15:13 PM
Avis Stock Falls Again; Investors See Possible Equity Offering Barrons — Apr 23, 15:13 PM
Avis Budget and Hertz Global slide even further after the crowded short trade drama Seeking Alpha — Apr 23, 16:29 PM