Stocks · News reference
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.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
NYC Mayor Mamdani warns car rental companies against consumer protection probe, urges them to be transparent about pricing policies.
Ondas, SoundHound AI and CleanSpark are in the top ten most-heavily shorted stocks in the market right now.
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.
Here's a look at the top 10 most shorted stocks right now: Lucid, Ondas and SoundHound AI make the list.
BMO Capital analyst Jeffrey Silber maintains CoStar Group (NASDAQ:CSGP) with a Market Perform and raises the price target from $31 to $33.