Avis shares have surged more than 150% in a classic short squeeze as hedge funds boost stakes, pressuring short sellers and driving borrowing costs higher.
April 8, 2026GovernmentBusinessLogistics
Shutdown Chaos at Airports Sends Hertz, Avis Shares Higher
Hourslong security lines at airports due to the partial government shutdown are paying off for car-rental companies like Hertz and Avis.
March 26, 2026