Avis Budget (CAR) is suddenly at the center of a market drama. Over the past few months, heavily shorted travel and mobility stocks have become prime targets for retail traders hunting for quick gains. CAR stock fit that playbook perfectly. It had high short interest, volatile fundamentals, and a long history of sharp moves.
In late April 2026, shares exploded higher in a classic short squeeze, catching bearish investors off guard. But the rally did not last. The stock reversed just as quickly after a large shareholder reduced its stake, and earnings raised fresh concerns.
