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1 min read
Avis short-squeeze prompts double downgrade from JPMorgan even as fundamentals 'strongest they have ever been'
The bank said Tuesday's short-squeeze rally in Avis stock was too far too fast despite the company'…
Matthew Fox
1 min read
The massive gains for freshly-minted meme stock Avis are throwing off a 100-year-old indicator that's historically predicted big market moves
Avis has surged more than 600% this year thanks to retail-trader hype and a tweet from Tesla's Elon…
Natasha Dailey
2 mins read
Amateur day traders had a field day with Hertz. Now, Morgan Stanley says Avis stock could be next and skyrocket 65%.
Avis is primed to scoop up market share, the banks analyst said, and will benefit from travelers re…
Graham Rapier
1 min read
One hedge fund manager made $2 billion last year from a decade-old bet on Avis as the company briefly achieved meme-stock status and soared 456%
The bet on Avis by Karthik Sarma at SRS Investment helped to roughly triple the hedge fund manager'…
Carla Mozée
1 min read
Avis soars 212% as investors pile in following Elon Musk's tweet casting doubt over Hertz deal, strong earnings, and a possible short-squeeze
With the car rental firm gaining more than $25 billion in market value on Tuesday, the shorts have …
Matthew Fox
2 mins read
A customer spent thousands of dollars renting from Avis, but it still towed the car — along with his luggage and passport
Adam Pimpsner renewed his rental-agreement online but got emails saying the car was overdue. He was…
Ryan Hogg
1 min read
Avis is diving after missing earnings
Avis' second quarter earnings missed big time. GAAP earnings was reported at $0.04 per share, much …
Seth Archer
1 min read
Hertz and Avis are jumping after news of big tech partnerships
Hertz's rival, Avis, is also up on news of a self-driving car partnership. Waymo, the self-driving …
Seth Archer
2 mins read
Avis charged a customer $6,000 after claiming she drove a rental car 23,000 miles in 3 days, reports say
Giovanna Boniface told outlets including CTV and The Daily Hive that she was billed for almost 23,0…
Ryan Hogg
3 mins read
Avis and Budget are offering rental car deals and savings for the summer season and beyond — including up to 35% off right now
Avis and Budget are looking to draw travelers back with summer savings. Here are some of the best c…
Hannah Freedman
2 mins read
A pregnant Avis customer had to drive for three hours in the middle of the night to avoid a $1,000 drop-off penalty
Sara had to drive from Knoxville to Nashville, Tennessee after the wrong drop-off location was ente…
Ryan Hogg
3 mins read
Sarepta Is Surging After Good News For Its Ebola Treatment
AVI-6002 for the treatment of Ebola is a combination therapy of two phosphorodiamidate morpholino o…
Myles Udland
2 mins read
The guy behind @Vice_Is_Hip is getting paid to tweet for one of Uber's biggest rivals
Avis hadn't planned to tweet for a living, but he received an email from Gett, the taxi app. The co…
James Cook
2 mins read
'Shark Tank' investor Robert Herjavec explains why having a mentor may not mean what you think
He cites his "unofficial" mentor, Warren Avis, founder of Avis Rent a Car, as evidence. Avis was, h…
Rachel Sugar
2 mins read
A Disney World fan filmed a woman jumping on and off an Epcot ride to steal a cucumber
Disney World security didn't get involved in the incident, according to another fan who said he was…
Amanda Krause
4 mins read
Avis' chief innovation officer explains how the car-rental giant is fighting to stay relevant in the face of Uber, Lyft, and peer-to-peer car-sharing
"We said let's take one market and make the entire fleet for that market connected and see how it c…
Graham Rapier
3 mins read
Avi Berkowitz was a White House administrative aide 2 years ago. Now he's taking on the Middle East peace process
"I am incredibly grateful to have been part of a team that drafted a vision for peace. This vision …
Eliza Relman
1 min read
There's A Whole New Class Of Companies Spending Hundreds Of Millions To Buy Startups
Today it might not seem obvious, but a year or two from now, companies big and small are going to r…
2 mins read
A cleaning company in Oregon is turning down customers because it can't get enough staff
The owner of Sakred Space told KTVZ that he's booked up until the New Year, but that he can't take …
Grace Dean
4 mins read
We left stable careers in tech and consulting to open a cocktail bar in New York City. It was professionally risky but worth it.
Two childhood friends from India left their jobs in tech and consulting to open a cocktail bar in N…