Posted on

Avis shares surge after ‘double upgrade’ from Goldman Sachs


Shares of car-rental company Avis Budget Group surged more than 6 percent in the premarket Monday after an analyst at Goldman Sachs completely changed his tune on it.

Hertz Global and ride-hailing companies like Uber as well as rising interest rates. The Federal Reserve raised rates four times last year.

Subscribe to CNBC on YouTube.


Top News & Analysis