CAR News and Press, Avis Budget Group Inc. From 08/22/22

Avis Budget reported its Q2 results which beat expectations, highlighted by strong demand for rental cars. The company is benefiting from higher rental rates while used car pricing dynamics support its vehicle sales business. We like the stock that appears undervalued, with an exp...

Are These Meme Reddit Stocks The Best Stocks To Buy Right Now? A “meme stock” is a stock that is popular on social media platforms like Reddit, and Twitter Inc. ( NYSE: TWTR ). These stocks are often heavily shorted by institutional investors, which can result ...

Meme stock mania is back in action as investors seek a rapid rise in equity stocks following the pullback in commodities, crypto, and other risky assets. Heavily shorted stocks like Bed Bath & Beyond and AMC are at the forefront of the meme resurgence, +40%, and +15%, respectively...

Zipcar Launches Limited-Time Program, "Drive to Donate," to Benefit Charles River Conservancy PR Newswire Members can directly support the environmental sustainability of Boston's beloved river and parks by booking Zipcars by the hour or the day BOSTON , ...

Zipcar Launches Limited-Time Program, "Drive to Donate," to Benefit Southside Blooms PR Newswire Members can directly support Chicago's South Side youth by booking Zipcars by the hour or the day CHICAGO , Aug. 9, 2022 /PRNewswire/ -- Zipcar, the w...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: DesignRage / Shutterstock Last week, the U.S government confirmed what a lot of us already presumed. We are in a technical recession . Oddly enough, it’s also confirmation of another simple but powerful ...

Well, that was kind of a disaster! Yesterday after close of trading, car rental company Avis Budget Group (NASDAQ: CAR) reported a blowout quarter in which sales of $3.2 billion grew 37% year over year, beating analyst projections, and earnings blew the roof off, coming ...

Avis Budget Group Inc. (CAR) Q2 2022 Earnings Conference Call August 2, 2022 8:30 am ET Company Participants Joe Ferraro - President, Chief Executive Officer Brian Choi - Executive Vice President, Chief Financial Officer David Calabria - Senior Vice President, Co...

Avis Budget Group ( NASDAQ: CAR ) moved higer in after-hours trading on Monday after smashing profit expectations with its Q2 earnings report . Revenue was up 37% compared to a year ago to $3.24B during the quarter to and was also 39% higher than the pre-pandemic mark in...

Avis Budget press release ( NASDAQ: CAR ): Q2 Non-GAAP EPS of $15.94 beats by $4.11 . Revenue of $3.24B (+36.7% Y/Y) beats by $90M . Shares +7% . For further details see: Avis Budget Non-GAAP EPS of $15.94 beats by $4.11, revenue of $3.24B beats b...