NasdaqCM:VRRMProfessional Services
Verra Mobility (VRRM) Renews Avis Contract On Weaker Terms, Is The 46% Discount Enough?
Verra Mobility (VRRM) recently reached new commercial terms with longtime partner Avis Budget Group for a seven-year tolling and violations services contract, with the company indicating that the agreement is financially less favorable than the prior deal.
See our latest analysis for Verra Mobility.
Verra Mobility’s recent commercial update comes after a sharp rebound in the share price, with a 7 day share price return of 30.62% and a 30 day share price return of 25.36%. This follows a much...