Can This Number Push Avis Budget Stock Higher?

Fleet utilization stands out as a critical metric at Avis Budget (CAR), and buyers of the stock may be betting on this share of its fleet out on rent. Rental companies typically expand by acquiring more vehicles, yet Avis deliberately opted to operate fewer. Over the last twelve months, the company lost money. Meanwhile, its stock lost 72% in six months, compared to a 14.0% gain for the S&P 500. A busier fleet alongside a financial loss and a falling stock presents a clear contradiction. So, how