Avis CEO blames Pentwater Capital trades for its stock's spike and crash, and possible SEC Section 16 breach—read more.

A highly shorted stock. A shrinking pool of shares available to trade. A price that keeps climbing. They’re the classic signs ...

Avis Budget's stock surged in a short squeeze tied to Pentwater Capital Management but quickly reversed after selling ...

The rental car company says a hedge-fund firm behind the big swings owes it money because of a niche trading rule.

Pentwater Capital Management LP, a ten-percent owner of Avis Budget Group, Inc. (NASDAQ:CAR), has disclosed purchasing 425,000 shares of common stock on February 20, 2026, at a weighted average price ...

Avis Budget CEO Brian Choi has accused major shareholder Pentwater Capital of triggering a massive short squeeze that sent shares soaring before collapsing. Choi claims Pentwater’s rapid accumulation ...

Shares of Avis Budget Group (NASDAQ:CAR) are cratering in Thursday trading, with the stock last changing hands near $290 after closing Wednesday at $443.94. That’s a 35% single-session drop, one of ...