Avis Budget Group Inc trading volume drops 34.19 percent ranking 443rd in market

Avis Budget Group, Inc. (CAR) closed at $1.82 billion in trading volume on April 21, 2025, marking a 34.19% decrease from the previous day. The company's trading volume ranked 443rd in the market that day. The stock price of Avis fell by 4.65%.

Avis Budget Group, Inc. has announced that it will be holding its annual meeting of shareholders on May 15, 2025. The meeting will be held virtually, and shareholders will have the opportunity to vote on various proposals, including the election of directors and the ratification of the appointment of the independent registered public accounting firm.

In addition to the annual meeting, Avis has also announced that it will be releasing its first-quarter earnings report on May 5, 2025. The company is expected to report a net loss for the quarter, as it continues to face challenges in the rental car market. However, analysts are optimistic about the company's long-term prospects, as it continues to invest in new technologies and expand its fleet of electric vehicles.

Despite the challenges facing the rental car industry, Avis remains committed to its growth strategy. The company has recently announced a partnership with a major technology company to develop a new mobile app that will allow customers to rent cars using their smartphones. The app is expected to launch later this year, and Avis hopes that it will help to attract new customers and increase its market share.