📈 Stock Market 1d ago · David Moadel

Avis Plummets 12%, Hertz Drops 5% – What’s Going On With Car Rental Stocks?

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Avis Budget Group (CAR) reported a Q1 2026 net loss of $234M on $2.53B revenue with persistent adjusted EBITDA losses, while carrying $6.1B in corporate debt and negative stockholders’ equity of $3.1B.


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