Avis Stock Surges as Company Looks to EV Market

Avis stock surged more than 200 percent on October 2 after the company reported better-than-expected earnings. The move comes as Avis also looks to get involved in the EV industry and Elon Musk clouded the issue over Tesla's contract with Hertz. Joel Hawthorne, head trader and CEO of the Morning Snapshot, gave Cheddar his insight into what's happening for the rental car company on Wall Street.
More Videos
The Business Of Defense
Step inside the high stakes world of defense contractors and discover who's developing technology for the battlefield of tomorrow.
Load More