The Motley Fool··Eric VolkmanAvis Budget Group Plunges 9% on $5M Share Dilution Plans
Avis Budget Group announced a 5 million share offering, triggering a 9% stock decline Monday amid dilution concerns. The move increases share count by roughly 14% from 35 million outstanding shares.
BACBACpBBACpEBACpKBACpL+22shareholder dilutionat-the-market offering