Avis's stock plummets toward worst day in 22 years [MarketWatch]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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Source: MarketWatch
Avis's stock plummets toward worst day in 22 years Shares of Avis Budget Group Inc. CAR, -43.29% took a 40% dive toward an 11-year low in midday trading Wednesday, as they led the Dow Jones Transportation Average's DJT, -12.23% losers by a wide margin. The rental car company's stock was headed for the biggest one day selloff in 22 years, behind only the record 46.5% plunge on April 16, 1998. The next biggest Dow transports decliners were shares of United Airlines HOldings Inc. UAL, -35.62% , which shed 29%, and Delta Air Lines Inc. DAL, -31.02% , which lost 27%. Avis's stock has now lost more than three-quarters of its value (down 77%) so far this month, which would be its worst-ever monthly performance, as recession fears mounted in the face of the COVID-19 pandemic.
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CAR
Earnings
- 10/31/24 - Miss
CAR
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- CAR's page on the SEC website