ICYMI: Uber Earnings, Fossil Short Squeeze, Avis Downgraded

In case you missed it, here are some of Benzinga's top stories from Wednesday, Feb. 14, 2018.

Fossil Digs Up 80% Upside

Shares of Fossil Group, Inc FOSL spiked as high as 82 percent Wednesday after reporting a big Q4 top and bottom line beat. But the outsized upside was due to a short squeeze rather than the market appreciating the company’s performance. Wayne Duggan reports.

Related Link: Is Fossil's 80% Surge Justified? KeyBanc Says It's Just The Beginning

Goldman Sachs Makes Bearish Call On Avis

Rental car stock Avis Budget Group, Inc CAR could see as much as 18 percent downside, according to Goldman’s David Tamberrino. To learn more, check out Shanthi Rexaline’s “Goldman Sees 18% Downside To Avis Budget Group, Downgrades to Sell.”

Checking In On Uber’s Turnaround

Though not a public company, ride-sharing pacesetter Uber’s Q4 results still drew headlines this week. Elizabeth Balboa reviews the quarter, in “In Numbers And Narrative, Uber's Q4 Suggests A Recovery.”