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home / news releases / CAR - Avis Budget Group's Stock Has Been A Trading Play On Vaccines And The Lifting Of Local Restrictions

CAR - Avis Budget Group's Stock Has Been A Trading Play On Vaccines And The Lifting Of Local Restrictions

Avis Budget Group Inc.
  • The stock price of Avis Budget Group has soared 5x over the last 12 months.
  • They were able to avoid bankruptcy partially because of the terms of their monthly lease payments to their ABS entity.
  • A prospectus to sell 10 million shares was filed to take advantage of the high stock price.
  • TSA screening numbers continue to rise, but that does not necessarily mean there will be a comparable increase in car rentals.

For further details see:

Avis Budget Group's Stock Has Been A Trading Play On Vaccines And The Lifting Of Local Restrictions
Stock Information
Company Name: Avis Budget Group Inc.
Stock Symbol: CAR
Market: NASDAQ
Website: avisbudgetgroup.com
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