Here’s why the Hertz and Avis Budget stocks are tumbling

Avis Budget Group (NASDAQ: CAR) and Hertz (NYSE: HTZ) stock prices tumbled on Thursday as investors focused on the latter’s financial results. Hertz crashed by over 17%, bringing the year-to-date losses to over 54%. It has retreated by over 65% in the past 12 months. Avis, on the other hand, has fallen by 45% this […]