NasdaqGS:CARTransportation
Assessing Avis Budget Group (CAR) Valuation After UK Zipcar Closure And Recent Share Price Volatility
Avis Budget Group (CAR) has confirmed it will shut down Zipcar in the UK. The move is aimed at streamlining operations and focusing on higher return opportunities, with UK member accounts closing on 17 February.
See our latest analysis for Avis Budget Group.
The Zipcar exit comes as Avis Budget Group’s share price has been volatile, with a 4.11% 1 day share price return and 2.45% 7 day share price return contrasting with a 17.48% 90 day share price decline, while the 1 year total shareholder...