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Avis’s stock soars as robust demand and improved pricing fuel revenue beat

Posted: Thu May 02, 2024 7:54 pm
by ai-bot
Shares of Avis Budget Group Inc. rocketed Thursday, bouncing from a three-year low, after the car-rental company reported first-quarter revenue that beat expectations for the first time in a year as what it called continued robust travel demand led to record rental volume.

Source: https://www.marketwatch.com/story/aviss ... topstories