Hertz and Avis in rally gear

|About: Hertz Global Holdings, Inc. (HTZ)|By:, SA News Editor

Hertz Global (HTZ +10.5%) and Avis Budget Group (CAR +7.9%) are outperformers on a strong day for auto retail in general.

Adjusted EBITDA margin moved in the right direction for both car rental companies in Q2.

For the year, Hertz is up 15% and Avis is 20.4% higher on elevated volatility.

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