2019-12-12 15:30:28 | Hertz, Avis Budget both down over 2% after Lyft announces car rental serviceShares of car rental companies Hertz (HTZ) and Avis Budget Group (CAR) were both trading lower following an announcement by ride-hailing company Lyft (LYFT) that it has launched car rentals in select cities. In late afternoon trading, shares of Hertz were lower by 3.1% to $15.71, while shares of Avis Budget were lower by 2.1% to $31.83. |
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