Avis Budget Stock Plummets 70%, Short Sellers Profit

Avis Budget Group stock plummets 70% in two days, following a short squeeze that turned into a crash. Short sellers reap $2.8 billion in gains, wiping out previous losses. Big investors like Pentwater Capital and SRS Investment Management sparked the chaos, with options trading going wild. Analysts turn bearish, trading volume surges, and margin calls soar. Market watchers compare it to GameStops 2017 crash, with Hertz also taking a hit. High volatility expected to persist. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7b333ecb39fea798

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