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New York Hedge Fund Stands To Make $5bn On Avis Budget Share Surge | Financial Times

by ft.com posted 1month ago 2 views
SRS Investment Management holds 27.7 per cent stake in car rental company. : We’ll send you a myFT Daily Digest email rounding up the latest Avis Budget Group Inc news every morning. A New York hedge fund stands to make billions of dollars on a sudden leap in the shares of Avis Budget, the once ailing rental car company that catapulted like a meme stock after executives discussed adding electric vehicles to their fleet.

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