Avis Budget Stock Tumbles As Short Squeeze Cools

Benzinga04-16 00:30

Avis Budget Group Inc (NASDAQ:CAR) shares are tumbling on Wednesday as traders pull back from an overheated short squeeze run and reassess the rally that pushed the stock into record territory. Avis ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2627239606?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/04/15/Trading-Metrics--Technical-Analysis.jpeg?optimize=medium&dpr=2&auto=webp&width=260","is_english":true,"pubTime":"2026-04-16 00:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2627239606","market":"sh","top_or_hot":-1,"title":"Avis Budget Stock Tumbles As Short Squeeze Cools","media":"Benzinga","content":"<div>\n<p>Avis Budget Group Inc (NASDAQ:CAR) shares are tumbling on Wednesday as traders pull back from an overheated short squeeze run and reassess the rally that pushed the stock into record territory.\nAvis ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/04/51837421/avis-budget-stock-tumbles-as-short-squeeze-cools\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Avis Budget Stock Tumbles As Short Squeeze Cools</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAvis Budget Stock Tumbles As Short Squeeze Cools\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-16 00:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/26/04/51837421/avis-budget-stock-tumbles-as-short-squeeze-cools><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Avis Budget Group Inc (NASDAQ:CAR) shares are tumbling on Wednesday as traders pull back from an overheated short squeeze run and reassess the rally that pushed the stock into record territory.\nAvis ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/04/51837421/avis-budget-stock-tumbles-as-short-squeeze-cools\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAR","symbol_name":"安飞士","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/04/51837421/avis-budget-stock-tumbles-as-short-squeeze-cools","article_id":"2627239606","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/04/15/Trading-Metrics--Technical-Analysis.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/trading-ideas/movers/26/04/51837421/avis-budget-stock-tumbles-as-short-squeeze-cools","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2627239606","pubTimestamp":1776270600,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Avis Budget Group Inc (NASDAQ:CAR) shares are tumbling on Wednesday as traders pull back from an overheated short squeeze run and reassess the rally that pushed the stock into record territory.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAR":"安飞士","BK4217":"自存仓储房地产信托","RSI":"Rush Street Interactive, Inc.","SMA":"Smartstop Self Storage REIT Inc","BK4022":"陆运","BK4150":"赌场与赌博","BK4230":"旅客陆运"},"translate_title":"随着轧空降温，Avis Budget股价暴跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RSI":1,"CAR":1.5,"SMA":1},"content_text":"Avis Budget Group Inc (NASDAQ:CAR) shares are tumbling on Wednesday as traders pull back from an overheated short squeeze run and reassess the rally that pushed the stock into record territory.\nAvis Budget's drop comes after a roughly 160% surge over the past month, keeping dip-buyers and profit-takers in a tight tug-of-war around record levels.\nAvis Budget's squeeze setup has also intensified on newer positioning data, with short interest at 53.66% of float as of April 14, keeping the name vulnerable to both sharp squeezes and equally sharp air-pockets when momentum fades.\nThe broader market is mixed today, with the S&P 500 up 0.41% and the Nasdaq-100 up 0.71% while the Dow Jones is down 0.33%. Consumer Discretionary is gaining 1.06%, so CAR's drop is a clear underperformer versus its sector tape.\nAvis Budget is still in a vertical uptrend on longer-term charts, but the setup is stretched enough that pullbacks can get sharp when momentum traders step back. The stock is trading 104.1% above its 20-day simple moving average (SMA) and 189.2% above its 100-day SMA, which points to extreme short-term extension on top of a strong intermediate trend.\nThe relative strength index (RSI), a momentum gauge, is 95.41, which flags an overheated tape where buyers may be getting exhausted. RSI at 95.41 is the market's way of saying the move has been one-sided, so dips can accelerate if demand pauses.\nThe stock is up 455.31% over the last 12 months, which matches the squeeze-driven character of the move and the risk of fast reversals. \nIt's also trading near the top of its 52-week range ($66.79 to $415.26), so price is still behaving like a momentum name rather than a mean-reversion setup.\nCAR Stock Price Activity: Avis Budget shares were down 7.54% at $380.52 at the time of publication on Wednesday, according to Benzinga Pro data.\nImage: Shutterstock\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2627239606","isCrawlerRequest":true}