Market Overview

ICYMI: Uber Earnings, Fossil Short Squeeze, Avis Downgraded

Share:
ICYMI: Uber Earnings, Fossil Short Squeeze, Avis Downgraded
Related CAR
Trading Hurricane Florence: Investors Make Storm Stock Picks
85 Biggest Movers From Yesterday
Related FOSL
45 Biggest Movers From Yesterday
34 Stocks Moving In Wednesday's Mid-Day Session

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 (NASDAQ: 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 (NASDAQ: 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.”

Latest Ratings for CAR

DateFirmActionFromTo
Aug 2018BarclaysMaintainsEqual-WeightEqual-Weight
Jul 2018Northcoast ResearchUpgradesNeutralBuy
Jun 2018Morgan StanleyReinstatesUnderweight

View More Analyst Ratings for CAR
View the Latest Analyst Ratings

Posted-In: Analyst Color News Previews After-Hours Center Analyst Ratings Tech Media Trading Ideas

 

Related Articles (FOSL + CAR)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
ETTXWedbushInitiates Coverage On19.0
WINGWedbushDowngrades0.0
BMYCitigroupDowngrades57.0
INTCNomuraUpgrades0.0
HRZNKeefe Bruyette & WoodsDowngrades10.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

8 Stocks Moving In Wednesday's After-Hours Session

Loop Capital: 'We'd Be Buyers' Of Recent Pullback In FMC Corp