Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Avis Budget Group
So what: Avis reported a 3% increase in revenue, and its third-quarter results gave investors some fuel for their enthusiasm. It looks like consumers and business travelers are traveling more, which bodes well for Avis' rental car services.
Now what: Investors might want to put the brakes on their runaway enthusiasm for Avis shares today, though. The economy is not out of the woods yet, and Avis still faces rivals like Hertz
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