short squeeze

Avis (CAR) $650M Settlement Sends Shares Up 6.5%

Avis (CAR) $650M Settlement Sends Shares Up 6.5%

Avis Budget Group expects $650 million from a short-swing profit settlement with Pentwater Capital Management, but shares fell 6.42% to $178.28 on June 21. Here is what the market data…

Wendy's (WEN) Stock Surges on CFO Hire

Wendy's (WEN) Stock Surges on CFO Hire

Wendy's stock surged nearly 28% after naming Steve Cirulis as CFO, triggering a short squeeze with record short interest near 26%. Here is what the valuation, RSI and 7% yield…