Market Overview

ICYMI: Uber Earnings, Fossil Short Squeeze, Avis Downgraded

ICYMI: Uber Earnings, Fossil Short Squeeze, Avis Downgraded
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85 Biggest Movers From Yesterday
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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

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)

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ETTXWedbushInitiates Coverage On19.0
HRZNKeefe Bruyette & WoodsDowngrades10.0
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8 Stocks Moving In Wednesday's After-Hours Session

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