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2 articles found
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The Motley FoolThe Motley Fool··Rich Smith

Avis Budget Reports $518M EV Fleet Impairment, Posts Steeper-Than-Expected Loss

Avis Budget reports $518M EV fleet write-down, posts $21.25 loss per share, far exceeding expectations. Stock drops 21% despite management's 2026 profitability forecast.
CARearnings misselectric vehicles
BenzingaBenzinga··Erica Kollmann

Short Interest Surges in Hospitality and EV Stocks Amid Market Skepticism

Short interest surges in hospitality and EV stocks as investors bet against overvalued companies. Choice Hotels, Lucid, and Avis lead with over 48% short positions.
IBRXHIMSCHHLCIDCAR+2market volatilityshort squeeze