INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Avis Budget Group, Inc. - CAR

Core Insights - Avis Budget Group reported a significant loss of $1.96 billion, or$55.66 per share, for Q4 2024, contrasting with a profit of $259 million, or$7.10 per share, in the same quarter of the previous year [2] - Following the financial results announcement, Avis Budget's stock price dropped by $6.12 per share, or 6.82$83.59 per share on February 11, 2025 [2] - The company announced a leadership transition, with CEO Joe Ferraro moving to a Board Advisor role effective June 30, 2025, and Chief Transformation Officer Brian Choi set to become the new CEO starting July 1, 2025 [2] Investigation Details - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Avis Budget and its officers and/or directors [1] - Investors are encouraged to contact Pomerantz LLP for more information regarding the investigation [1]