How Risky Is Avis Budget Stock?

Shares of Avis Budget (CAR) have lost 58% over the past six months, even as the S&P 500 gained 15.7%. The latest leg of that slide, a 17.6% drop over the past month, occurred without any new results from the company. A broader market decline could compound these losses for current shareholders. So how has Avis Budget stock held up when the whole market sold off.