Avis Shares Sink 57% in Two Days as Rally Meets a Crashing Halt

A searing surge in the shares of Avis Budget Group Inc. has hit a wall, with the stock plunging over 57% in just two days.

By Jordan Fitzgerald · Bloomberg Markets

A searing surge in the shares of Avis Budget Group Inc. has hit a wall, with the stock plunging over 57% in just two days.