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News: $CAR Why Avis and Hertz Stocks Jumped Wednesday

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whytestocks   Wednesday, 07/08/20 09:15:21 PM
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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...

Find out more CAR - Why Avis and Hertz Stocks Jumped Wednesday

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