Hertz Moving In Sympathy With Avis Budget
Aug 8, 2017 - Benzinga

Sympathy trade, or otherwise trading in a stock based on the news impacting another stock belonging to the same sector, is one of the trading strategies investors can profitably adopt to their advantage. Following the release of disappointing quarterly results and slashing of guidance by car rental company Avis Budget Group Inc. (NASDAQ: CAR), its stock was down by 9.07 percent at …

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