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Avis Budget (CAR) Stock Crashes as 600% Short Squeeze Rally Fully Unwinds

Bloomberg Markets Monday 19 October 2026, 16:45 UTC By Jordan Fitzgerald 1 min read

Key Points

Shares of Avis Budget Group Inc. have crashed back to earth, ending a chapter that put bearish investors through a punishing short squeeze.

Avis Budget (ORG) Avis Budget Group Inc. (ORG)

Originally published by Bloomberg Markets Read original →

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Avis Budget (CAR) Stock Crashes as 600% Short Squeeze Rally Fully Unwinds

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