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Avis stock collapse sparks drop in Dow transports it lifted

Avis Budget Group's stock plunged about 68% in two days

Bloomberg News

A gauge of US transportation stocks recorded its worst two-day stretch since last spring’s tariff selloff. The Dow Jones Transportation Average, which weighs members by their share price rather than market value, is being dragged down by Avis Budget Group Inc., which saw its stock plunge about 68% in two days. The car rental company made up […]

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