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2025-03-29 01:26:09
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ The auto rental sector is experiencing a surge in shares as ...



✍️ The auto rental sector is experiencing a surge in shares as investors bet on the positive impact of new tariffs on imported vehicles.
👉 Avis Budget Group and Hertz Global Holdings shares rose 20% due to new tariffs on imported vehicles
👉 Tariffs are expected to increase the cost of imported vehicles, making alternative options more attractive
👉 Rental companies can benefit from uptick in used vehicle prices
👉 Short squeeze is also contributing to the surge in shares

#LouWhiteman #business

https://s.yimg.com/ny/api/res/1.2/oZQ98jM0zzLHhhMKKz33pQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/motleyfool.com/6087ed9f3c1d6b4d6e88f36c9c76adbb

https://finance.yahoo.com/news/why-car-rental-stocks-surging-183421189.html

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