Car - CAR

La cadena de opciones muestra datos clave de las opciones de acciones de Avis Budget Gr a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Avis Budget Gr..

Avis Budget Gr (NASDAQ:CAR) Bolsa, Cadena de Opciones

Avis Budget Gr

Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.

Avis Budget Group Inc

Cara Therapeutics Inc

Carboncoin

CHINA RES BLDG U/ADR by China Resources Building Materials Technology Holdings Limited

China Resources Building Materials Technology Holdings Ltd

Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN

Cardstack

Carter Bankshares Inc

CarGurus Inc

The Advisors Inner Circle Fund II CastleArk Large Growth ETF

Carisma Therapeutics, Inc. - Common Stock

CARISMA Therapeutics Inc

Carrier Global Corp

Cars.com Inc

Maplebear Inc

Bank Of Montreal MAX Auto Industry 3x Leveraged ETN

Carver Bancorp Inc

Angel Oak Income ETF

First Trust S-Network Electric & Future Vehicle Ecosystem ETF

On May 28, 2025 (the "Closing Date"), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary ("ABRCF") issued $736.5 million of asset-backed securities with a maturity of three years and five years, respectively, comprised of $199.0 million aggregate principal amount of Series 2025-1 4.80%, Class A notes, $29.75 million aggregate principal amount of Series 2025-1 5.24%, Class B notes, $21.25 million aggregate principal amount of Series 2025-1 5.87%, Class C notes and $33.29 million aggregate principal amount of Series 2025-1 7.48%, Class D notes, as well as $318.4 million aggregate principal amount of Series 2025-2 5.12%, Class A notes, $47.6 million aggregate principal amount of Series 2025-2 5.51%, Class B notes, $34.0 million aggregate principal amount of Series 2025-2 6.24%, Class C notes and $53.26 million aggregate principal amount of Series 2025-2 7.84%, Class D notes. The Class D notes were retained by ABRCF and may be sold on a future date. ABRCF also issued $15.6 million aggregate principal amount of Series 2025-1 9.424%, Class R notes and $25.0 million aggregate principal amount of Series 2025-2 9.795%, Class R notes, each of which are subordinated to the Class A notes, the Class B notes, the Class C notes and the Class D notes of the respective Series, and which were issued to comply with applicable U.S. risk retention rules. The Class R notes are held by our AESOP Leasing L.P. subsidiary. The notes were issued under the Series 2025-1 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2025-1 Agent (the "Series 2025-1 Supplement"), to the Second Amended and Restated Base Indenture, dated as of June 3, 2004 (as amended, the "Base Indenture") and the Series 2025-2 Supplement, dated as of the Closing Date, between ABRCF and The Bank of New York Mellon Trust Company, N.A., as trustee and Series 2025-2 Agent (the "Series 2025-2 Supplement"), to the Base Indenture, respectively.

News

Financing

Avis Budget Rental Car Funding (AESOP) Issues $736.5M In Asset-Backed Securities Across Two Series With Maturities Of 3 And 5 Years

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$240.00</td>
<td>$228.0K</td>
<td>6.9K</td>
<td>2.1K</td>
</tr>
<tr>
<td>SMR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$32.00</td>
<td>$27.0K</td>
<td>309</td>
<td>1.1K</td>
</tr>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$25.00</td>
<td>$91.0K</td>
<td>11.2K</td>
<td>895</td>
</tr>
<tr>
<td>BA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$250.00</td>
<td>$62.1K</td>
<td>200</td>
<td>465</td>
</tr>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$11.00</td>
<td>$31.6K</td>
<td>8.4K</td>
<td>369</td>
</tr>
<tr>
<td>ZIM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$19.16</td>
<td>$79.9K</td>
<td>28.3K</td>
<td>187</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$82.00</td>
<td>$36.2K</td>
<td>198</td>
<td>169</td>
</tr>
<tr>
<td>CAR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$105.00</td>
<td>$32.4K</td>
<td>300</td>
<td>19</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/18/25</td>
<td>$450.00</td>
<td>$30.8K</td>
<td>541</td>
<td>18</td>
</tr>
<tr>
<td>GWW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1070.00</td>
<td>$51.0K</td>
<td>0</td>
<td>6</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For GE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we notice a put option sweep that happens to be bearish, expiring in 46 day(s) on July 18, 2025. This event was a transfer of 300 contract(s) at a $240.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $228.0K, with a price of $760.0 per contract. There were 6902 open contracts at this strike prior to today, and today 2111 contract(s) were bought and sold. 
• Regarding SMR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>), we observe a call option sweep with bullish sentiment. It expires in 74 day(s) on August 15, 2025. Parties traded 45 contract(s) at a $32.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $600.0 per contract. There were 309 open contracts at this strike prior to today, and today 1177 contract(s) were bought and sold. 
• For RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we notice a call option trade that happens to be bearish, expiring in 18 day(s) on June 20, 2025. This event was a transfer of 353 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $91.0K, with a price of $258.0 per contract. There were 11206 open contracts at this strike prior to today, and today 895 contract(s) were bought and sold. 
• For BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we notice a put option sweep that happens to be bullish, expiring in 592 day(s) on January 15, 2027. This event was a transfer of 12 contract(s) at a $250.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $62.1K, with a price of $5184.0 per contract. There were 200 open contracts at this strike prior to today, and today 465 contract(s) were bought and sold. 
• Regarding AAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), we observe a put option sweep with bullish sentiment. It expires in 109 day(s) on September 19, 2025. Parties traded 316 contract(s) at a $11.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $100.0 per contract. There were 8439 open contracts at this strike prior to today, and today 369 contract(s) were bought and sold. 
• For ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we notice a put option sweep that happens to be bullish, expiring in 228 day(s) on January 16, 2026. This event was a transfer of 186 contract(s) at a $19.16 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $79.9K, with a price of $430.0 per contract. There were 28300 open contracts at this strike prior to today, and today 187 contract(s) were bought and sold. 
• Regarding UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on June 20, 2025. Parties traded 139 contract(s) at a $82.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $36.2K, with a price of $261.0 per contract. There were 198 open contracts at this strike prior to today, and today 169 contract(s) were bought and sold. 
• For CAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we notice a put option sweep that happens to be bullish, expiring in 381 day(s) on June 18, 2026. This event was a transfer of 17 contract(s) at a $105.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $32.4K, with a price of $1910.0 per contract. There were 300 open contracts at this strike prior to today, and today 19 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a call option trade that happens to be neutral, expiring in 46 day(s) on July 18, 2025. This event was a transfer of 6 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $5138.0 per contract. There were 541 open contracts at this strike prior to today, and today 18 contract(s) were bought and sold. 
• For GWW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWW#NYSE">GWW</a>), we notice a call option trade that happens to be bullish, expiring in 228 day(s) on January 16, 2026. This event was a transfer of 6 contract(s) at a $1070.00 strike. The total cost received by the writing party (or parties) was $51.0K, with a price of $8500.0 per contract. There were 0 open contracts at this strike prior to today, and today 6 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

RKLB

10 Industrials Stocks With Whale Alerts In Today's Session

The Company intends to use the net proceeds from the offering of the Notes for general corporate purposes, which may include repayment of indebtedness, including, without limitation, repayment of the Company's floating rate term loan A maturing in December 2025 and a portion of its outstanding fleet debt, and to pay fees and expenses in connection with the foregoing.

Reported Earlier, Avis Budget Group Prices $600M 8.375% Senior Notes Due 2032, Upsizing Offering By $100M

Avis Budget Announced That Its Wholly-owned Subsidiaries Intend, Subject To Market And Other Customary Conditions, To Offer $500M Aggregate Principal Amount Of Senior Notes Due 2032 In A Private Offering

JP Morgan analyst Ryan Brinkman maintains Avis Budget Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) with a Overweight and raises the price target from $145 to $155.

Price Target

Analyst Ratings

JP Morgan Maintains Overweight on Avis Budget Gr, Raises Price Target to $155

Goldman Sachs analyst Lizzie Dove maintains Avis Budget Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) with a Neutral and lowers the price target from $100 to $87.

Goldman Sachs Maintains Neutral on Avis Budget Gr, Lowers Price Target to $87

Avis Budget Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) reported quarterly losses of $(3.27) per share which beat the analyst consensus estimate of $(5.91) by 44.67 percent. This is a 1.87 percent decrease over losses of $(3.21) per share from the same period last year. The company reported quarterly sales of $2.43 billion which missed the analyst consensus estimate of $2.48 billion by 2.08 percent. This is a 4.74 percent decrease over sales of $2.55 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Avis Budget Gr Q1 Adj. EPS $(3.27) Beats $(5.91) Estimate, Sales $2.43B Miss $2.48B Estimate

ACAD

ACDC

ACRE

ACVA

ADMA

ADNT

ADTN

AIRG

ALNT

ALTG

ALTO

ALVO

AMPH

AMPL

AMRK

AMRN

AOSL

APLS

ARIS

ARMN

ASLE

Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

AVDL

AVDX

AXON

AXTA

AZTA

BAND

BBDO

BBGI

BBSI

BGSF

Brighthouse Financial, Inc. - Common Stock

BLBD

BLMN

BLZE

BMBL

BRKR

BROS

BTMD

BXSL

BYND

CAPL

CCSI

CDLX

CENT

CENTA

CENX

CEVA

CIVI

CMTG

CNDT

COHR

Core Scientific, Inc. - Class A Common Stock

CORZ

CPRX

CRNC

CRNT

CSGS

CSTE

CTVA

CVNA

CYRX

Earnings Scheduled For May 7, 2025

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RKLB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$10.00</td>
<td>$56.0K</td>
<td>341</td>
<td>2.0K</td>
</tr>
<tr>
<td>PBI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$5.00</td>
<td>$271.5K</td>
<td>3.3K</td>
<td>1.7K</td>
</tr>
<tr>
<td>CAR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$75.00</td>
<td>$50.4K</td>
<td>98</td>
<td>980</td>
</tr>
<tr>
<td>ZIM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$16.66</td>
<td>$42.3K</td>
<td>12.7K</td>
<td>864</td>
</tr>
<tr>
<td>BA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/02/25</td>
<td>$155.00</td>
<td>$57.5K</td>
<td>489</td>
<td>432</td>
</tr>
<tr>
<td>LUV</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$32.50</td>
<td>$28.6K</td>
<td>3.6K</td>
<td>32</td>
</tr>
<tr>
<td>CMI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$300.00</td>
<td>$39.3K</td>
<td>32</td>
<td>15</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/25/25</td>
<td>$91.00</td>
<td>$26.3K</td>
<td>10</td>
<td>14</td>
</tr>
<tr>
<td>GEV</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$400.00</td>
<td>$101.5K</td>
<td>20</td>
<td>10</td>
</tr>
<tr>
<td>NOC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$535.00</td>
<td>$30.3K</td>
<td>38</td>
<td>5</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we notice a put option sweep that happens to be bearish, expiring in 60 day(s) on June 20, 2025. This event was a transfer of 2000 contract(s) at a $10.00 strike. This particular put needed to be split into 44 different trades to become filled. The total cost received by the writing party (or parties) was $56.0K, with a price of $28.0 per contract. There were 341 open contracts at this strike prior to today, and today 2005 contract(s) were bought and sold. 
• Regarding PBI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBI#NYSE">PBI</a>), we observe a call option trade with neutral sentiment. It expires in 634 day(s) on January 15, 2027. Parties traded 724 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $271.5K, with a price of $375.0 per contract. There were 3331 open contracts at this strike prior to today, and today 1726 contract(s) were bought and sold. 
• Regarding CAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we observe a put option sweep with bearish sentiment. It expires in 116 day(s) on August 15, 2025. Parties traded 46 contract(s) at a $75.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $50.4K, with a price of $1097.0 per contract. There were 98 open contracts at this strike prior to today, and today 980 contract(s) were bought and sold. 
• Regarding ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we observe a call option sweep with bullish sentiment. It expires in 270 day(s) on January 16, 2026. Parties traded 368 contract(s) at a $16.66 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $42.3K, with a price of $115.0 per contract. There were 12704 open contracts at this strike prior to today, and today 864 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a put option trade with bullish sentiment. It expires in 11 day(s) on May 2, 2025. Parties traded 101 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $57.5K, with a price of $570.0 per contract. There were 489 open contracts at this strike prior to today, and today 432 contract(s) were bought and sold. 
• Regarding LUV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), we observe a put option sweep with bearish sentiment. It expires in 151 day(s) on September 19, 2025. Parties traded 32 contract(s) at a $32.50 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $895.0 per contract. There were 3694 open contracts at this strike prior to today, and today 32 contract(s) were bought and sold. 
• Regarding CMI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>), we observe a call option trade with bearish sentiment. It expires in 423 day(s) on June 18, 2026. Parties traded 15 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $39.3K, with a price of $2620.0 per contract. There were 32 open contracts at this strike prior to today, and today 15 contract(s) were bought and sold. 
• For UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we notice a put option trade that happens to be neutral, expiring in 4 day(s) on April 25, 2025. This event was a transfer of 10 contract(s) at a $91.00 strike. The total cost received by the writing party (or parties) was $26.3K, with a price of $2633.0 per contract. There were 10 open contracts at this strike prior to today, and today 14 contract(s) were bought and sold. 
• Regarding GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we observe a put option trade with bearish sentiment. It expires in 116 day(s) on August 15, 2025. Parties traded 10 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $101.5K, with a price of $10150.0 per contract. There were 20 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold. 
• Regarding NOC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>), we observe a put option trade with bearish sentiment. It expires in 25 day(s) on May 16, 2025. Parties traded 15 contract(s) at a $535.00 strike. The total cost received by the writing party (or parties) was $30.3K, with a price of $2020.0 per contract. There were 38 open contracts at this strike prior to today, and today 5 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

10 Industrials Stocks Whale Activity In Today's Session

WIIM

Avis Budget Group shares are trading higher. The stock may be up in sympathy with competitor Hertz, which rose after Pershing Square disclosed a stake.

U.S. stocks were lower, with the Dow Jones index falling around 550 points on Thursday.
Shares of uniQure N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QURE#NASDAQ">QURE</a>) rose sharply during Thursday's session after the company was granted FDA granted Breakthrough Therapy designation for AMT-130 for the treatment of <a href="https://www.benzinga.com/quote/QURE">Huntington&#8217;s disease.</a>
uniQure shares jumped 45.3% to $13.65 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Structure Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPCR#NASDAQ">GPCR</a>) gained 21.4% to $22.49.</li>
<li>Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) rose 20.3% to $6.99 after Pershing Square Capital Management disclosed a stake via a 13F. CNBC reported that Pershing Square&#8217;s stake is 19.8%, through shares &amp; swaps.</li>
<li>Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) gained 15.3% to $847.08 after the company announced topline Phase 3 results from its ACHIEVE-1 trial, which showed orforglipron demonstrated statistically significant efficacy results and a safety profile consistent with injectable GLP-1 medicines.</li>
<li>Capricor Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPR#NASDAQ">CAPR</a>) rose 13.8% to $10.97.</li>
<li>ClearPoint Neuro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLPT#NASDAQ">CLPT</a>) gained 13% to $13.02.</li>
<li>VersaBank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBNK#NASDAQ">VBNK</a>) rose 12% to $10.91.</li>
<li>Evotec SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVO#NASDAQ">EVO</a>) jumped 10.7% to $3.6200 following FY24 financial results.</li>
<li>Avis Budget Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) gained 10.1% to $80.00. The move came as investors responded to news that billionaire investor Bill Ackman&#8217;s Pershing Square Capital Management significantly increased its stake in Hertz Global Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>).</li>
<li>Insteel Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) gained 9.1% to $29.15 following second-quarter results.</li>
<li>Fidelity National Information Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>) shares jumped 7% to $73.41. Fidelity National Information Services unveiled two strategic moves—acquiring Global Payments' Issuer Solutions unit and selling its remaining stake in Worldpay.</li>
<li>Dollar Tree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) gained 4.4% to $76.40.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44862443/intuit-to-rally-around-19-here-are-10-top-analyst-forecasts-for-thursday">Intuit To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Thursday</a> </li>
</ul>
Photo via Shutterstock

Intraday Update

Markets

Movers

Trading Ideas

CAPR

CLPT

DLTR

GPCR

IIIN

QURE

VBNK

uniQure, Hertz Global, Eli Lilly And Other Big Stocks Moving Higher On Thursday

Avis Budget Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) shares jumped Wednesday, gaining 4.3% to $72.69 during regular trading and rising another 3.2% to $74.99 in after-hours trading. The move came as investors responded to news that billionaire investor Bill Ackman's Pershing Square Capital Management <a href="https://www.benzinga.com/25/04/44838080/hertz-global-stock-soars-after-pershing-square-hops-in-passenger-seat-whats-going-on">significantly increased its stake</a> in Hertz Global Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>).
What To Know: Ackman's firm revealed in a late filing that it had accumulated 12.71 million Hertz shares as of Dec. 31, or 4.1% ownership, but a CNBC report later revealed the <a href="https://www.benzinga.com/trading-ideas/movers/25/04/44853443/hertz-stock-accelerates-into-the-close-shares-continue-to-move-higher-after-hours-heres-why">stake had quietly grown to 19.8%</a>, making Pershing Square the second-largest Hertz shareholder. Ackman reportedly secured a confidential treatment provision from the SEC, allowing him to delay disclosure while building the position.
While Avis and Hertz are direct competitors in the rental car space, if tariffs don't affect used cars (<a href="https://www.benzinga.com/trading-ideas/movers/25/04/44853443/hertz-stock-accelerates-into-the-close-shares-continue-to-move-higher-after-hours-heres-why">as is reportedly Ackman's thesis</a>), rental fleets could become a safer asset class, which could generally signal broader confidence in the car rental sector.
Rising used car prices or stabilization in that market also improves the value of rental fleets and boosts potential resale margins, a key revenue stream for companies like Hertz and Avis.
Avis shares are also heavily shorted—about 32.5% of shares, according to <a href="https://www.benzinga.com/pro/register?gspk=bHVrZWphY29iaTUzNDg&amp;gsxid=ZKf4B99POPEe">Benzinga Pro</a>. That means positive news, like Bill Ackman's large investment in Hertz, could spark a short squeeze and push the stock even higher.
Read Also: <a href="https://www.benzinga.com/government/regulations/25/04/44850992/stocks-sink-as-powell-dismisses-fed-put-safety-net-gold-extends-massive-lead-over-nasdaq">Stocks Sink As Powell Dismisses &#8216;Fed Put&#8217; Safety Net, Gold Extends Massive Lead Over Nasdaq</a>
<h2 class="wp-block-heading">How To Buy CAR Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Avis Budget Group&#8217;s case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, CAR has a 52-week high of $132.25 and a 52-week low of $54.03.

What's Going On With Avis Budget Group (CAR) Stock?

Beaten-down auto rental stocks, Hertz Global Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) and Avis Budget Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) were sent blazing on Thursday following the announcement of new tariffs on all imported vehicles by U.S. President Donald Trump.
What Happened: Shares of Hertz and Avis posted an impressive rally of 22% and 20%, respectively, in intraday trading, in response to the <a href="https://www.benzinga.com/government/regulations/25/03/44517885/trump-slaps-25-tariffs-on-autos-what-it-means-for-your-next-car-purchase">25% tariffs imposed by the White House</a> on all vehicles that are not manufactured in the U.S.
This explosive rally in auto rental stocks took analysts and investors by surprise, having witnessed steady declines in the sector throughout the past year. Hertz had been dubbed a favorite among short-sellers, with a short interest of 33%, followed by Avis at 11%.
SEE ALSO: <a href="https://www.benzinga.com/news/earnings/25/03/44529927/dow-dips-150-points-following-trumps-auto-tariffs-verint-systems-slides-on-q4-miss-greed-index-remains-in-fear-zone">Dow Dips 150 Points Following Trump&#8217;s Auto Tariffs, Greed Index Remains In Fear Zone</a>
This is precisely what drove the sharp rally, as news of the tariff sent short-sellers running to cover their positions, resulting in a fairly potent short squeeze.
What It Means: The knock-on effect of tariffs on auto rental services seems fairly evident, as consumers will prefer renting cars or rideshare options, as opposed to buying a new car that could now cost several thousand dollars more.&nbsp;
Besides this, rental services <a href="https://www.benzinga.com/25/02/43723775/after-selling-30000-evs-hertz-is-now-chasing-fleet-rotation-to-reduce-losses">replenish their fleet every two years on average</a>, following which their current inventory is sold. Gil West, the CEO of Hertz, thus believes that the increase in the price of new cars will similarly increase the value of its existing fleet in the used market.&nbsp;
Moreover, both these companies have prices ‘locked in' for all new deliveries this year, meaning they will not feel the heat of these tariffs, at least in the short run.
While this compelling short-term rally offers a much-needed respite to both of these companies, very little changes in the long run. With considerable debt at several times free cash flow, and consistently losing market share to rideshare services, Avis and Hertz do need to rethink their business model.&nbsp;
Auto rental stocks aren't entirely immune from the chaotic new tariffs either, with both Hertz and Avis having extensive overseas exposure. The new tariffs and reciprocal ones that are expected from other countries could have a sizable impact on their operations.
READ NEXT:
<ul>
<li><a href="https://www.benzinga.com/25/03/44530893/trump-organization-pursues-15-billion-venture-in-vietnam-amid-tariff-uncertainty">Trump Organization Invests $1.5 Billion In Luxury Golf And Urban Project In Vietnam Amid Tariff Uncertainty</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

Politics

Tech

Trump's Auto Tariffs Spark Short Squeeze Rally in Hertz And Avis, But Will It Last?

Wall Street dipped slightly on Thursday, with all major indexes edging into the red as investors digested President Donald Trump&#8216;s latest <a href="https://www.benzinga.com/government/regulations/25/03/44517885/trump-slaps-25-tariffs-on-autos-what-it-means-for-your-next-car-purchase">move on auto tariffs.</a>
Late Wednesday, Trump announced a 25% tariff on all auto imports starting next week, with duties on auto parts set to follow in May.
European automakers took a hit, with Mercedes-Benz Group AG (OTCPK: MBGAF) and Porsche Automobile Holding SE (OTCPK: POAHF) sliding 2.5% and 5%, respectively. 
Michigan-based carmakers didn't fare much better. Shares of Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) fell 2.5%, while General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) plunged 6.5%, with the latter marking the worst performance on the S&amp;P 500.
In contrast, U.S. electric vehicle makers rallied. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 2.6%, and Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) jumped 5%. The rally followed comments from Goldman Sachs analyst Mark Delenay, who pointed to their fully domestic production as a significant advantage <a href="https://www.benzinga.com/25/03/44515578/trumps-25-tariff-set-to-hike-imported-car-prices-up-to-15000-higher-goldman-sachs-warns">under the new tariffs.</a>
Meanwhile, gold extended its rally, climbing over 1% and testing record highs as the U.S. dollar softened. Silver gained 2%, while copper pulled back 2% after a strong run that had lifted it to all-time highs.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) held firm at $86,875, signaling a cautious tone across the crypto market.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,840.57</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,277.82</td>
<td>-0.4%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,687.68</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,060.90</td>
<td>-0.7%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.4% lower to $566.80.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) fell 0.5% to $422.32.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;dropped 0.5% to $482.05.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.6% to $204.29</li>
<li>The&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) outperformed, up 0.8%; the&nbsp;Energy&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, down 1%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Dollar Tree Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) rallied over 8% after the company announced that it would sell its Family Dollar business for $1.01 billion to Brigade and Macellum Capital.</li>
<li>AutoZone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) rallied 3.7% to fresh record highs in reaction to import tariffs on automotive parts.</li>
<li>Shares of car rental firms also rallied amid potentially higher margins. Avis Budget Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) and Hertz Global Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) both rocketed by about 20%. </li>
<li>GameStop Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) plunged 22% after it announced a private offering of convertible debt to buy Bitcoin.</li>
<li>New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFE#NASDAQ">NFE</a>) tumbled more than 10% after the company announced plans to divest its natural gas assets and operations in Jamaica. </li>
<li>Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) will report its earnings after the close. Shares were up 0.7%. </li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/forex/25/03/44518720/april-2-tariffs-could-trigger-a-us-dollar-rally-to-sell-bank-of-america-economists-say">April 2 Tariffs Could Trigger A US Dollar &#8216;Rally To Sell,&#8217; Bank Of America Economists Say</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Analyst Color

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Government

Large Cap

Macro Economic Events

Regulations

Commodities

Econ #s

Economics

$BTC

SPDR Dow Jones Industrial Average ETF Trust

LULU

MERCEDES BENZ GROUP AG by Mercedes Benz Group AG

MBGAF

Porsche Automobil Holding SE Stuttgart Pref No VTG RTS

POAHF

RIVN

TSLA

Stocks Slide As Auto Tariffs Boost Tesla, Rivian And Hit GM, Ford: What's Driving Markets Thursday?

Shares of auto rental companies Hertz Global Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) and Avis Budget Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) surged on Thursday following the announcement of a <a href="https://www.benzinga.com/government/regulations/25/03/44517885/trump-slaps-25-tariffs-on-autos-what-it-means-for-your-next-car-purchase">25% tariff</a> on imported cars and key auto parts by President Donald Trump.
What To Know: Unlike automakers and parts suppliers facing rising costs, rental car companies stand to benefit as higher vehicle prices could drive greater demand for rentals.
With tariffs projected to <a href="https://www.benzinga.com/25/03/44515578/trumps-25-tariff-set-to-hike-imported-car-prices-up-to-15000-higher-goldman-sachs-warns">increase</a> new car prices by $5,000 to $15,000, consumers may delay purchases and turn to rental services for short-term mobility needs. This shift in consumer behavior could boost revenue for Hertz and Avis, which already maintain large fleets and can adjust rental pricing to capture higher demand.
Read Also: <a href="https://www.benzinga.com/news/25/03/44517410/why-lear-shares-are-down-7-5">Why Lear Shares Are Down 7.5%</a>
What Else: Additionally, higher new car costs may slow fleet turnover, potentially improving depreciation metrics and reducing capital expenditures for both companies.
Hertz and Avis, with their established networks and fleet management expertise, could see improved utilization rates and stronger pricing power. 
As consumers and businesses reconsider vehicle ownership in a high-cost environment, rental car companies may emerge as unexpected winners from the new tariff policy.
Read Also: <a href="https://www.benzinga.com/markets/forex/25/03/44518720/april-2-tariffs-could-trigger-a-us-dollar-rally-to-sell-bank-of-america-economists-say">April 2 Tariffs Could Trigger A US Dollar &#8216;Rally To Sell,&#8217; Bank Of America Economists Say</a>
Price Action:
<ul>
<li>Hertz shares are trading higher by 19.6% to $4.12 Thursday afternoon.</li>
<li>Avis Budget Group shares are trading higher by 19.3% to $73.42 Thursday afternoon.</li>
</ul>
<h2 class="wp-block-heading">How To Buy HTZ Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Hertz&#8217;s case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, HTZ has a 52-week high of $8.20 and a 52-week low of $2.47.

Why Hertz and Avis Stocks Are Soaring Today

<h3>Gainers</h3>
<ul>
<li>Greenland Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTEC#NASDAQ">GTEC</a>) stock moved upwards by 63.4% to $2.14 during Thursday's regular session. The company's market cap stands at $29.0 million. The company's, Q4 earnings came out yesterday. </li>
<li>Concentrix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>) shares increased by 35.59% to $61.94. The company's market cap stands at $3.9 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Baiya International Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIYA#NASDAQ">BIYA</a>) stock moved upwards by 30.87% to $6.4. The market value of their outstanding shares is at $80.0 million. </li>
<li>Hertz Global Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) stock moved upwards by 19.27% to $4.12. The company's market cap stands at $1.2 billion. </li>
<li>Avis Budget Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) stock rose 18.96% to $73.22. The market value of their outstanding shares is at $2.5 billion. </li>
<li>Satellogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATL#NASDAQ">SATL</a>) stock increased by 13.6% to $4.26. The company's market cap stands at $411.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>LanzaTech Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNZA#NASDAQ">LNZA</a>) stock decreased by 25.8% to $0.27 during Thursday's regular session. The market value of their outstanding shares is at $52.4 million. </li>
<li>WANG &amp; LEE Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLGS#NASDAQ">WLGS</a>) stock decreased by 20.68% to $0.25. The market value of their outstanding shares is at $3.8 million. </li>
<li>3D Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DDD#NYSE">DDD</a>) stock decreased by 18.94% to $2.21. The company's market cap stands at $299.0 million. The company's, Q4 earnings came out yesterday. </li>
<li>Linkers Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNKS#NASDAQ">LNKS</a>) shares decreased by 15.98% to $0.54. The company's market cap stands at $7.2 million. </li>
<li>HUHUTECH International Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUHU#NASDAQ">HUHU</a>) shares decreased by 14.83% to $4.31. The company's market cap stands at $91.2 million. </li>
<li>SES AI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) shares declined by 10.32% to $0.57. The company's market cap stands at $203.7 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BIYA

CNXC

GTEC

HUHU

LNKS

LNZA

SATL

WLGS

12 Industrials Stocks Moving In Thursday's Intraday Session

Shares of auto rental stocks are trading higher in possible reaction to US auto tariffs, which could raise car prices.

U.S. stocks were lower, with the Dow Jones index falling around 0.2% on Thursday.
Shares of Concentrix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>) rose sharply during Thursday's session after the company reported better-than-expected first-quarter financial results and issued second-quarter revenue guidance <a href="https://in.benzinga.com/news/earnings/25/03/44504468/concentrix-shares-pop-on-strong-q1-results-raised-revenue-guidance">above estimates</a>.
Concentrix reported quarterly earnings of $2.79 per share, which beat the analyst consensus estimate of $2.58. Quarterly revenue came in at $2.37 billion, which beat the analyst consensus estimate of $2.36 billion and is down slightly from revenue of $2.4 billion from the same period last year.
Concentrix raised its fiscal 2025 reported revenue outlook from between $9.47 billion and $9.61 billion to between $9.49 billion and $9.635 billion, versus the $9.54 billion estimate.
Concentrix shares jumped 27% to $58.28 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Soleno Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNO#NASDAQ">SLNO</a>) shares jumped 40.3% to $68.72 after the company announced it secured FDA approval for its first commercial drug for a rare genetic disorder.</li>
<li>Petco Health and Wellness Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) gained 32% to $3.2399 following fourth-quarter results.</li>
<li>Hertz Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) rose 23.5% to $4.2650.</li>
<li>Jiayin Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFIN#NASDAQ">JFIN</a>) climbed 20.2% to $14.55 following fourth-quarter results.</li>
<li>Avis Budget Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) gained 19.7% to $73.72.</li>
<li>MillerKnoll, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLKN#NASDAQ">MLKN</a>) shares climbed 11.7% to $20.45 after reporting third-quarter results.</li>
<li>Edgewise Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWTX#NASDAQ">EWTX</a>) rose 11.6% to $24.85.</li>
<li>ImmunityBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBRX#NASDAQ">IBRX</a>) gained 11% to $3.0850.</li>
<li>iQIYI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>) shares rose 8% to $2.4150.</li>
<li>Zai Lab Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZLAB#NASDAQ">ZLAB</a>) gained 6.4% to $36.09. Cantor Fitzgerald analyst Li Watsek reiterated Zai Lab with an Overweight rating.</li>
<li>Dollar Tree, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) rose 5.5% to $73.08. Telsey Advisory Group analyst Joseph Feldman maintained Dollar Tree with a Market Perform and raised the price target from $75 to $82.</li>
<li>Ollie&#8217;s Bargain Outlet Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLLI#NASDAQ">OLLI</a>) gained 4.7% to $113.24.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44492633/jim-cramer-palantir-is-a-winner-recommends-selling-this-tech-stock">Jim Cramer: Palantir Is A &#8216;Winner,&#8217; Recommends Selling This Tech Stock</a></li>
</ul>

EWTX

IBRX

JFIN

MLKN

OLLI

SLNO

WOOF

ZLAB

Concentrix Posts Better-Than-Expected Earnings, Joins Soleno Therapeutics, Petco Health and Wellness, MillerKnoll And Other Big Stocks Moving Higher On Thursday

CART

CORRECTION: Maplebear Ticker Is 'CART'

CarGurus shares are trading lower after the company reported worse-than-expected Q4 financial results.

Press Releases

CAR LAWSUIT ALERT: The Gross Law Firm Notifies Avis Budget Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

Levi & Korsinsky Reminds Avis Budget Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 24, 2025 – CAR

Legal

ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Avis Budget Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CAR

Contact Levi & Korsinsky by June 24, 2025 Deadline to Join Class Action Against Avis Budget Group, Inc.(CAR)

CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm

DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Avis Budget Group

Avis Budget Group, Inc. (CAR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Pomerantz Law Firm Announces the Filing of a Class Action Against Avis Budget Group, Inc. and Certain Officers - CAR

ROSEN, A TOP RANKED INVESTOR RIGHTS LAW FIRM, Encourages Avis Budget Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CAR

CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit

Grab Holdings Limited - Class A Ordinary Shares

Grab Holdings

Hertz Global Holdings, Inc - Common Stock

Hertz Global Holdings

Lyft

Marti Technologies, Inc. Class A Ordinary Shares

Marti Technologies

Comments

Avis Budget Gr

Avis Budget Gr (CAR) Opciones

Avis Budget Gr (NASDAQ:CAR) Bolsa, Cadena de Opciones

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL