Avis Budget Exposes the Trade Behind CAR’s Collapse
The Avis Budget Collapse In its earnings report last week, Avis Budget Group, Inc (CAR) shined a spotlight on how the trading activity of Pentwater Capital impacted CAR’s share price. During the conference call, the company described how Pentwater created a massive short squeeze. More importantly, the company called attention to Pentwater’s selling. The hedge … Read more