Avis Budget Group shares surge 10.28% intraday following major institutional buying and a new marketing partnership with Juneyao Airlines.

Thursday, Mar 26, 2026 11:24 am ET1min read
CAR--
Avis Budget Group surged 10.28% in intraday trading, driven by significant share purchases from major shareholders Pentwater Capital Management LP and CIBC Bancorp USA Inc., alongside the launch of a strategic international car rental promotion with Juneyao Airlines.

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