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Avis Budget Posts Weak Q2 Results, Joins Fiverr International, Costar Group And Other Big Stocks Moving Lower In Wednesday’s Pre-Market Session

BenzingaJul 29, 2026, 12:03 PMAvi Kapoor

US stock futures mixed, Dow up 0.1%. Avis Budget Group (CAR) shares down 13.3% after missing earnings & sales estimates. Other stocks also down.

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benzinga
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Jul 29, 2026, 12:03 PM
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Jul 29, 2026, 12:02 PM
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  1. Globenewswire IncAug 26, 2026, 1:56 AMKahn Swick & Foti, Llc

    Avis Budget Group, Inc. Notice of September 29, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

    A class action securities lawsuit has been filed against Avis Budget Group and executives, alleging failure to disclose material information and market manipulation. Defendants Pentwater Capital Management and Halbower allegedly orchestrated a scheme involving aggressive stock purchases that triggered a short squeeze, causing Avis stock to surge 419% to $765.94 on April 21, 2026, before collapsing 74.51% by April 28. Investors who purchased Avis securities between February 20, 2025 and April 21, 2026 can apply to be lead plaintiff by September 29, 2026.

    Read original at globenewswire-inc