How a ‘short squeeze’ could still move Avis’s stock much higher
Why it matters: A technical 'short squeeze' could drive Avis's stock significantly higher, impacting investors holding short positions.
- Avis's stock could experience a substantial upward movement.
- Deutsche Bank identifies a technical 'short squeeze' as the catalyst for this potential rally.
- The 'short squeeze' was initially triggered in late March, setting the stage for continued upward momentum.
Avis's stock is poised for a significant rally, potentially driven much higher by a technical 'short squeeze' that began in late March, according to analysis from Deutsche Bank.
