Stock Track | Avis Budget Soars 5.20% Intraday Fueled by Short Squeeze and Nasdaq Momentum

Stock Track

Apr 17

Avis Budget Group (CAR) shares surged 5.20% during intraday trading on Friday, continuing a period of extreme momentum for the rental car company's stock.

The sharp move is attributed to a short squeeze, where heavy short interest collided with a rush to cover positions, creating volatile price swings. This activity has capped a remarkable run, with the stock posting a 30-day return of over 340%.

Broader market sentiment also provided a tailwind, as Avis has been highlighted as one of the big winners during the tech-heavy Nasdaq's recent hot streak. Investor optimism has been buoyed by the prospect of an extended U.S.-Iran cease-fire, which could reduce energy prices and ease monetary policy conditions—factors viewed as positive for corporate earnings.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1141707596"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1141707596\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1141707596?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-17 22:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1141707596","market":"us","top_or_hot":-1,"title":"Stock Track | Avis Budget Soars 5.20% Intraday Fueled by Short Squeeze and Nasdaq Momentum","media":"Stock Track","content":"<p>Avis Budget Group (CAR) shares surged 5.20% during intraday trading on Friday, continuing a period of extreme momentum for the rental car company's stock.</p><p>The sharp move is attributed to a short squeeze, where heavy short interest collided with a rush to cover positions, creating volatile price swings. This activity has capped a remarkable run, with the stock posting a 30-day return of over 340%.</p><p>Broader market sentiment also provided a tailwind, as Avis has been highlighted as one of the big winners during the tech-heavy Nasdaq's recent hot streak. Investor optimism has been buoyed by the prospect of an extended U.S.-Iran cease-fire, which could reduce energy prices and ease monetary policy conditions—factors viewed as positive for corporate earnings.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Avis Budget Soars 5.20% Intraday Fueled by Short Squeeze and Nasdaq Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Avis Budget Soars 5.20% Intraday Fueled by Short Squeeze and Nasdaq Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-04-17 22:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Avis Budget Group (CAR) shares surged 5.20% during intraday trading on Friday, continuing a period of extreme momentum for the rental car company's stock.</p><p>The sharp move is attributed to a short squeeze, where heavy short interest collided with a rush to cover positions, creating volatile price swings. This activity has capped a remarkable run, with the stock posting a 30-day return of over 340%.</p><p>Broader market sentiment also provided a tailwind, as Avis has been highlighted as one of the big winners during the tech-heavy Nasdaq's recent hot streak. Investor optimism has been buoyed by the prospect of an extended U.S.-Iran cease-fire, which could reduce energy prices and ease monetary policy conditions—factors viewed as positive for corporate earnings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAR","symbol_name":"安飞士","start_time":0,"source_url":"","article_id":"1141707596","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141707596","pubTimestamp":1776437476,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Avis Budget Group (CAR) shares surged 5.20% during intraday trading on Friday, continuing a period of extreme momentum for the rental car company's stock.The sharp move is attributed to a short...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAR":"安飞士"},"translate_title":"个股追踪|Avis Budget盘中大涨5.20%受逼空和纳斯达克动能推动","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAR":1},"content_text":"Avis Budget Group (CAR) shares surged 5.20% during intraday trading on Friday, continuing a period of extreme momentum for the rental car company's stock.The sharp move is attributed to a short squeeze, where heavy short interest collided with a rush to cover positions, creating volatile price swings. This activity has capped a remarkable run, with the stock posting a 30-day return of over 340%.Broader market sentiment also provided a tailwind, as Avis has been highlighted as one of the big winners during the tech-heavy Nasdaq's recent hot streak. Investor optimism has been buoyed by the prospect of an extended U.S.-Iran cease-fire, which could reduce energy prices and ease monetary policy conditions—factors viewed as positive for corporate earnings.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}