11 stories mentioning CAR
Every FINWIRES story that references CAR, newest first.
Avis Budget's (CAR) shares were up almost 5% in Monday afternoon trading after Barclays upgraded the company's stock to equal weight from underweight, and raised its price target to $160 from $140.Trading volume stood at nearly 514,000 shares, compared with a daily average of roughly 2.8 million.Price: $185.44, Change: $+8.65, Percent Change: +4.89%
Avis Budget Group (CAR) has an average rating of hold and mean price target of $129.86, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Avis Budget (CAR) has an average rating of Underweight and mean price target of $123.14, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Ravi Simhambhatla, Executive Vice President and Chief Digital and Innovation Officer, on April 30, 2026, sold 3,469 shares in Avis Budget Group (CAR) for $638,608. Following the Form 4 filing with the SEC, Simhambhatla has control over a total of 13,876 common shares of the company, with 13,876 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/723612/000095014226001235/xslF345X05/es260773988_4-simh.xml
Edward P Linnen, Executive Vice President and Chief Human Resources Officer, on April 30, 2026, sold 9,483 shares in Avis Budget Group (CAR) for $1,728,900. Following the Form 4 filing with the SEC, Linnen has control over a total of 37,932 common shares of the company, with 37,932 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/723612/000095014226001234/xslF345X05/es260773974_4-linnen.xml
Avis Budget Group (CAR) reported a Q1 loss Wednesday of $8.01 per diluted share, compared with a loss of $14.35 a year earlier.Analysts surveyed by FactSet expected a loss of $7.29.Revenue for the quarter ended March 31 was $2.53 billion, compared with $2.43 billion a year earlier.Analysts surveyed by FactSet expected $2.43 billion.Shares of Avis fell more than 15% in recent premarket activity Wednesday.Price: $153.00, Change: $-29.01, Percent Change: -15.94%
The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly higher hours before Friday's opening bell.Intel (INTC) rose by almost 28% pre-bell, after a 2.3% increase at Thursday's close. The chipmaker reported Q1 results above Wall Street's estimates and issued an upbeat Q2 outlook.Advanced Micro Devices (AMD) advanced by nearly 11% in premarket activity, following a 0.6% increase from Thursday's session.ServiceNow (NOW) was 1.3% higher in pre-bell hours, after closing Thursday with a 17.8% fall.Avis Budget Group (CAR) was up 3.1% hours before market open, swinging from a 48.4% fall from the previous session.Microsoft (MSFT) was 0.8% higher premarket, swinging from a decline of nearly 4% at Thursday's close.Tesla (TSLA) advanced by 0.8% pre-bell, after a 3.6% fall from the previous session.Nvidia (NVDA) was slightly higher premarket, following a 1.4% decline at Thursday's close.DTE Energy (DTE) was down 0.6% in premarket hours, swinging from a 2.7% increase from Thursday's session.
Avis Budget Group's (CAR) stock plunged 48% as intraday volume topped 13.6 million shares versus the daily average of about 2.12 million.The shares slumped for the second straight day after short sellers pocketed $2.8 billion in Wednesday's rout, Bloomberg reported, citing data from S3 Partners.ASGN (ASGN) shares tumbled 46% a day after the company reported lower Q1 adjusted net income and issued weaker-than-expected Q2 guidance.Volume topped 5.63 million shares versus the daily average of 830,549.ServiceNow (NOW) faces softer organic revenue trends and a slightly weaker margin outlook even after strong Q1 results, Oppenheimer said.The stock fell 18% as volume topped 65 million shares versus the daily average of almost 21.9 million.Price: $230.94, Change: $-213.00, Percent Change: -47.98%
All three major US stock indexes were down slightly in late-morning trading Thursday, as investors continued to monitor developments in the Strait of Hormuz.In company news, Tesla (TSLA) reported Q1 adjusted EPS late Wednesday of $0.41, up from $0.27 a year ago and above the FactSet consensus analyst estimate of $0.36. First-quarter revenue was $22.39 billion, up from $19.34 billion a year ago and above the FactSet consensus of $22.1 billion. The company said it intends to use Intel's (INTC) upcoming 14A process to make chips at its Terafab advanced AI project in Austin, Texas, Reuters reported late Wednesday, citing Tesla CEO Elon Musk. Chief Financial Officer Vaibhav Taneja said late Wednesday that Tesla has delayed the rollout of its most advanced driver-assistance features in China due to regulatory issues. Lastly, the firm is creating 1,000 new jobs at its Gruenheide gigafactory in Germany by the end of June to raise weekly production by roughly 20% from Q3, Reuters reported Thursday, citing a company spokesperson. Tesla shares were about 1.8% lower.ServiceNow (NOW) reported Q1 non-GAAP earnings late Wednesday of $0.97 per diluted share, up from $0.81 a year earlier and matching the FactSet consensus estimate. First-quarter revenue was $3.77 billion, up from $3.09 billion a year ago and above the FactSet consensus of $3.75 billion. ServiceNow said Q1 subscription revenue growth saw about a "75 basis point headwind from delayed closings of several large on-premise deals in the Middle East, due to the ongoing conflict in the region." For Q2, the company said it expects subscription revenue of $3.815 billion to $3.820 billion, above the FactSet consensus of $3.751 billion. For full-year 2026, it expects subscription revenue of $15.74 billion to $15.78 billion, above the FactSet consensus of $15.55 billion. ServiceNow shares were down 17.2%.Thermo Fisher Scientific (TMO) reported fiscal Q1 adjusted earnings Thursday of $5.44 per share, up from $5.15 a year earlier and above the FactSet consensus of $5.25. Fiscal Q1 revenue was $11.01 billion, up from $10.36 billion a year ago and above the FactSet consensus of $10.86 billion. Thermo Fisher shares were down 10.4%.Warner Bros. Discovery (WBD) said Thursday its shareholders voted to approve the adoption of the merger agreement with Paramount Skydance (PSKY). The deal is expected to close in Q3, the company said. Warner Bros. shares were down 0.4%, while Paramount shares were down 5.4%.Texas Instruments (TXN) reported Q1 earnings late Wednesday of $1.68 per diluted share, up from $1.28 a year earlier and above the FactSet consensus of $1.36. First-quarter revenue was $4.83 billion, up from $.07 billion a year ago and above the FactSet consensus of $4.53 billion. For Q2, the company said it expects EPS of $1.77 to $2.05 on revenue of $5 billion to $5.40 billion. Analysts polled by FactSet expect $1.57 and $4.86 billion, respectively. Texas Instrument shares were up 18.5%.Avis Budget Group (CAR) has seen its stock fall by over 62% in just two days after rising nearly 600% since late March, Bloomberg reported Thursday, citing data from S3 Partners. Avis short sellers pocketed $2.8 billion during Wednesday's rout, countering the $2.7 billion they lost the prior three days, the report said, citing S3 Partners. Avis shares were down 47.1%.Price: $378.26, Change: $-9.25, Percent Change: -2.39%
Avis Budget Group (CAR) has seen its stock fall by over 62% in just two adays after rising nearly 600% since late March, Bloomberg reported, citing data from S3 Partners.Avis short sellers pocketed $2.8 billion during Wednesday's rout, countering the $2.7 billion they lost the prior three days, the report said, citing S3 Partners.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $237.02, Change: $-206.92, Percent Change: -46.61%
Avis Budget (CAR) has an average rating of Hold and mean price target of $114.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)