Avis Budget Group Stock Explodes 15% on Massive Short Squeeze Frenzy Amid Travel Demand
Avis Budget Group Inc. shares continued their meteoric rise Tuesday, surging more than 15% in early trading to $700.51 as one of the most intense short squeezes in recent memory showed no signs of easing, with short interest exceeding 50% of the float and hedge funds scrambling to cover positions.
International Business Times ·