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Avis Budget
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Analysts believe that after a roughly 80% drop from its 52-week high, car rental company Avis Budget (CAR) faces structural risks due to its high leverage and vulnerability to demand shocks.
The stock is currently trading at around $144, after falling 13% in the past month. Analysis indicates that Avis Budget's business is highly dependent on airport traffic. It finances its fleet through
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Analysts believe that after a roughly 80% drop from its 52-week high, car rental company Avis Budget (CAR) faces structural risks due to its high leverage and vulnerability to demand shocks.
The stock is currently trading at around $144, after falling 13% in the past month. Analysis indicates that Avis Budget's business is highly dependent on airport traffic. It finances its fleet through
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Avis Budget
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