Why Avis Budget Group Stock Was Stalling This Week
Avis Budget Group(CAR) The Motley Fool·2025-03-14 11:51The auto industry is currently in a state of nervous anticipation, and that's not good for associated companies. One striking case in point is auto rental mainstay Avis Budget Group (CAR -11.41%), whose share price according to data compiled by S&P Global Market Intelligence was down by more than 25% week to date as of early Friday morning.Troubled about tariffsAvis didn't have any negative news of its own to report. Still, investors were rightfully concerned about its vulnerability to current events -- nam ...