Avis Wins $650 Million From Hedge Fund Accused of Stoking Wild Stock Swings

Pentwater Capital agrees to pay Avis Budget to resolve an unusual spat where the car rental company singled out one of its major shareholders.

WSJ • 15 hours ago

Avis Wins $650 Million From Hedge Fund That Bet Big on Its Stock

Pentwater Capital agrees to pay Avis Budget after it was accused of fueling excess volatility in the car-rental company's stock.

WSJ • 15 hours ago

Reasons Why You Should Retain Avis Budget Stock in Your Portfolio

CAR shares jump 28% in a month as pricing improves, fleet utilization hits a 15-year high and earnings are projected to surge in 2026.

Zacks Investment Research • Jun 15, 2026

These 10 Stocks Are Getting Crushed By Short Sellers Right Now

Short sellers are piling into a wide-ranging group of names, with the latest Benzinga Pro data showing elevated bearish positioning across 10 stocks with short interest ranging from 37% to 87%.

Benzinga • Jun 11, 2026

Why Is Avis Budget (CAR) Down 3.2% Since Last Earnings Report?

Avis Budget (CAR) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research • May 29, 2026

CAR's Strategic Mobility Partnerships Offer Long-Term Opportunities

Avis Budget is expanding mobility partnerships and premium services as it positions itself beyond traditional car rentals.

Zacks Investment Research • May 28, 2026

Avis Budget Group Announces Intention to Offer $300 Million of Senior Notes

PARSIPPANY, N.J., May 27, 2026 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), intend, subject to market and other customary conditions, to offer $300 million aggregate principal amount of additional 8.000% Senior Notes due 2031 (the “Notes”) in a private offering.

GlobeNewsWire • May 27, 2026

Avis Budget Group Announces Pricing of $300 Million of Senior Notes

PARSIPPANY, N.J., May 27, 2026 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), priced a private offering of $300 million aggregate principal amount of additional 8.000% Senior Notes due 2031 (the “Notes”) in a private offering. The Notes will be issued as additional notes under the Indenture, dated as of November 22, 2023, pursuant to which the Issuers previously issued $500 million aggregate principal amount of 8.000% Senior Notes due 2031. The Notes will have a maturity date of February 15, 2031. The closing of the offering of the Notes is expected to occur on May 29, 2026, subject to customary closing conditions. The Notes were priced at 100.500% of its face value and will be guaranteed on a senior unsecured basis by the Company and certain of its U.S. subsidiaries.

GlobeNewsWire • May 27, 2026

TTEC vs. Avis Budget: Which Turnaround Stock is Better Positioned?

TTEC's AI-driven turnaround, improving free cash flow and a stronger liquidity position it ahead of CAR's volatile recovery efforts.

Zacks Investment Research • May 27, 2026

Avis Budget's Pricing Recovery Signals Improving Industry Discipline

CAR's pricing rebound and tighter fleet management are boosting utilization and improving depreciation trends.

Zacks Investment Research • May 19, 2026