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Avis Budget Stock Plunges Amid Short Squeeze Reversal
Avis Budget Group (CAR) stock experienced a dramatic plunge, with shares falling 62%, as a short squeeze reversed. The sudden crash drew comparisons on Wall Street to the GameStop trading phenomenon.
23 Apr, 11:35 — 23 Apr, 17:45
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (19/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
Far L
Left2
Left (2)
Yahoocnbc
Center
Right
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
cnbcMostly Factual11d ago
'CAR' crash: Avis Budget stock plunge reminding some on Wall Street of GameStop
Shares of Avis Budget Group, ticker 'CAR,' soared from under $100 last month to a record high near $850 in early trading Wednesday before a sharp U-turn lower intraday.
Read full article →YahooMostly Factual10d ago
Avis Budget stock plunges 62% as short squeeze reverses
Read full article →Coverage Timeline
First report: cnbc · 23 Apr, 11:35|Full coverage: 2 · 6h|Window: 6h
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