Avis Budget Group Stock Experiences Sharp Decline Following Short Squeeze
Avis Budget Group (CAR) stock experienced a dramatic 70% drop in two trading sessions after a 600% surge due to a short squeeze. Analysts suggest further downside is likely as the market reevaluates the company's fundamentals. The stock's short interest represents 26.1% of the public float.
Tickers: $CAR
Topics: Avis Budget Group market volatility short squeeze stock price crash