Avis Budget stock more than doubles as blow-out earnings follows a sharp jump in short interest. Shares of Avis Budget Group Inc. CAR, +95.86% more than doubled in very volatile morning trading Tuesday, after the rental car company reported blow-out third-quarter earnings in the wake of a sharp run up in short interest in the past few months. The stock rocketed 108.1% in morning trading, putting it on course for the biggest one-day gain since the company went public in November 1984.
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