CAR News and Press, Avis Budget Group Inc. From 07/26/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Maxger / Shutterstock In case you haven’t noticed, tech stocks have been shaking out of their bear market slump recently. And they’ve been surging higher over the past month. Some investment pros a...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Jackie Niam / Shutterstock In case you haven’t noticed, stocks have been soaring recently. And it’s starting to feel like the nasty bear market of 2022 may be over. Over the past month, the Dow ...

Morgan Stanley slashed estimates across the automobile industry to adjust for slowing growth and credit headwinds. The top line estimate cuts of 5% to 10% across its coverage and EBITDA cuts in the order of 5% to +15% place the MS forecasts below the consensus expectations ahead of ...

As of June 30, 2022, AAII’s Oberweis Octagon screening model has an annual gain since inception (1998) of 11.4%. The AAII Oberweis Octagon strategy seeks rapidly growing small- to mid-size companies trading at attractive prices. The Oberweis Octagon screen seeks to identify...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips In most circumstances, investors should avoid catching a falling knife. However, speculators who understand the risks involved may want to consider wildly oversold Nasdaq stocks to buy now. Historically levered to the tec...

PARSIPPANY, N.J., July 07, 2022 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2022 results after the market close on Monday, August 1st, 2022, and to host a conference call for institutional investors to discuss thes...

The eleven sectors of the S&P 500 were in the red in Q2, with SPDR S&P 500 Trust ETF sliding more than 16%. FTI Consulting ( FCN ) +14% . China Eastern Airlines ( NYSE: CEA ) +10% . Ritchie Bros. Auctioneers ( RBA ) +10% . S...

Insiders purchasing more than 4 times as much stock as they did the prior week. Carvana was down nearly 95% peak-to-trough earlier last week from a peak of $376.83 on August 10, 2021 to a trough of $19.83 on June 13, 2022. The cluster of Carvana purchases last week was a little mo...

Gainers: Sidus Space SIDU +93%, Wheels Up Experience UP +22%, AeroClean Technologies (AERC) +21%, Avis Budget Group (CAR) +11%, JE Cleantech (JCSE) +9%. Losers: Planet Labs PL -17%, Novonix (NVX) -9%, Startek (SRT) -7%, Custom Truck One Source (CTOS) -6% For fu...

More analysts and consumers continue to project a recession is coming soon, causing the travel and lodging industries to be hurt badly. Reduced demand for airlines and rental cars will lead to less consumers travelling to an Airbnb, and hotels saw much less occupancy during the Great ...