There's a 'CAR' crash on Wall Street and it's reminding some traders of GameStop. Shares of Avis Budget Group, ticker 'CAR,' soared from under $100 last month to a record high near $850 in early trading Wednesday before a sharp U-turn lower intraday. The stock closed down 38% and was down another 6% in premarket trading Thursday.
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0 claims checkedAmerican Airlines CEO Robert Isom said a potential merger with rival United Airlines would hurt consumers and would be anticompetitive. United CEO Scott Kirby floated the idea of a possible merger…
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer.
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