Avis Budget’s 48% Collapse: When Short Squeezes Meet Corporate Debt Reality
Avis Budget (CAR) cratered 48% in a single session as a speculative short squeeze unwound against the backdrop of negative earnings and a $1B cash burn.
Avis Budget (CAR) cratered 48% in a single session as a speculative short squeeze unwound against the backdrop of negative earnings and a $1B cash burn.