CAR News and Press, Avis Budget Group Inc. From 10/09/21

Earnings show drove the top industrial gainer while concerns in the electric vehicle sector pulled down Lion Electric for the week ending Oct. 8 Industrial Select Sector SPDR (NYSEARCA:XLI) finished the week in the green +1.78% after being in the red for two weeks on the trot. It wa...

There is a global chip shortage and some of the largest beneficiaries are U.S. car rental companies like Avis Budget Group. Avis recently posted the highest ever quarterly adjusted EBITDA in its 75-year history and its market valuation has surpassed $8 billion. However, US used re...

Business recovering, balance sheet significantly improved after bankruptcy. Tailwinds in the form of lower depreciation on used car sales. Shares at approximately fair value, warrants deeply discounted. For further details see: Hertz Stock: Should You Buy Or Sell? Consid...

PARSIPPANY, N.J., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2021 results after the market close on Monday, November 1st, 2021, and to host a conference call for institutional investors to discuss the...

On a strong day for the equity market, cryptocurrencies also found buyers. The rise in the asset class gave a boost to stocks largely reliant on crypto strength. Marathon Digital (NASDAQ:MARA), Riot Blockchain (NASDAQ:RIOT), Silvergate (NYSE:SI), Bit Digital (NASDAQ:BTBT) and MicroStrategy (N...

Avis Budget Group Inc. (NASDAQ:CAR) traded at a new 52-week high today of $123.80. So far today approximately 282,000 shares have been exchanged, as compared to an average 30-day volume of 1.9 million shares. Avis Budget Group Inc. (NASDAQ:CAR) defies analysts with a current price ($121....

Avis Budget Group Inc. (NASDAQ:CAR) traded today at a new 52-week high of $121.00. So far today approximately 282,000 shares have been exchanged, as compared to an average 30-day volume of 1.8 million shares. In the past 52 weeks, shares of Avis Budget Group Inc. have traded between a lo...

It is a mixed road ahead for Industrials according to Morgan Stanley, which is taking a Neutral stance on the sector - Equal Weight, as "peak rate of change and weakening earnings present near term issues" - but against the positive long-term backdrop of the potential infrastructure bill...

Shares of vehicle-rental incumbent Avis Budget Group (NASDAQ: CAR) zoomed into the speeding lane on Thursday, accelerating nearly 10% higher. That was due to a significant change in a recommendation from a high-profile bank. Thursday morning, Bank of America Securities analy...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It has been an interesting few weeks on Wall Street. And for DoorDash (NYSE: DASH ), Avis Budget Group (NASDAQ: CAR ) and Beyond Meat (NASDAQ: BYND ) stock, things are getting even more interesting today. ...