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News: $CAR Why Avis and Hertz Stocks Jumped Wednesday

Shares of Avis Budget Group (NASDAQ: CAR) and bankrupt rival Hertz (NYSE: HTZ) jumped 11% and 8%, respectively, on Wednesday after news that Melvin Capital Management had opened up a position in Avis. Riding alongside the late-afternoon broader market rally, Avis stock jumped double dig...

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News: $CAR Stock Markets Gain Ground on Lemonade IPO, Avis Budget Boost

The stock market continued to gain ground on Thursday, going into the three-day holiday weekend with some strong momentum. Although the gains for the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite waned slightly into the close, inves...

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News: $CAR Why Shares of Avis and Hertz Are Up Today

Shares of Avis Budget Group (NASDAQ: CAR) soared 29% at the open on Thursday morning after receiving an upgrade from Morgan Stanley. Car sales are holding up better than feared during the pandemic, according to the analyst, and that is good news both for Avis Budget and its bankrupt rival ...

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News: $CAR Avis Budget Group Appoints Keith Rankin as President of International Region

LONDON, Sept. 09, 2019 (GLOBE NEWSWIRE) -- Avis Budget Group, the leading global provider of mobility solutions, has recently appointed Keith Rankin as President of the International region, which includes Europe, the Middle East, Africa (EMEA), Asia, Australia and New Zealand. Before his a...

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