Why Avis Budget Group (CAR) Dipped More Than Broader Market Today

Avis Budget Group (CAR) closed the most recent trading day at $113.47, moving -1.54% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.14%. Meanwhile, the Dow experienced a drop of 0.77%, and the technology-dominated Nasdaq saw an increase of 0.17%.Heading into today, shares of the car rental company had gained 15.19% over the past month, outpacing the Transportation sector's gain of 2.91% and the S&P 500's gain of 5.34% in that time.Investors will be eagerly ...