Added to YB: 2026-03-19
Pitch date: 2026-03-16
CAR [neutral]
Avis Budget Group, Inc.
Author Info
Company Info
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia.
Market Cap
$3.5B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.46
P/E
-3.88
EV/Sales
2.71
Sector
Ground Transportation
Category
special_situation
Five Weird Market Situations Worth Watching ($CAR)
CAR: Pentwater aggressively buying via synthetic longs (call + put at same strike) at ~$95/share instead of buying stock outright. SRS + Pentwater now own >60% of shares, ~50% of float sold short. Tightly held + high short interest + trough cycle + CAR's history of capital returns = potential short squeeze catalyst. Is Pentwater seeing capital cycle turning?
Read full article (1 min)