Market Chatter: Avis Shares Drop Over 60% in Two Days After Climbing Nearly 600% Since March
Idag, 17:34
11:34 AM EDT, 04/23/2026 (MT Newswires) -- Avis Budget Group (CAR) has seen its stock fall by over 62% in just two adays after rising nearly 600% since late March, Bloomberg reported, citing data from S3 Partners.
Avis short sellers pocketed $2.8 billion during Wednesday's rout, countering the $2.7 billion they lost the prior three days, the report said, citing S3 Partners.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 237.02, Change: -206.92, Percent Change: -46.61
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Market Chatter: Avis Shares Drop Over 60% in Two Days After Climbing Nearly 600% Since March
Idag, 17:34
11:34 AM EDT, 04/23/2026 (MT Newswires) -- Avis Budget Group (CAR) has seen its stock fall by over 62% in just two adays after rising nearly 600% since late March, Bloomberg reported, citing data from S3 Partners.
Avis short sellers pocketed $2.8 billion during Wednesday's rout, countering the $2.7 billion they lost the prior three days, the report said, citing S3 Partners.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 237.02, Change: -206.92, Percent Change: -46.61
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