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  • MoneyWeek

    Be glad you didn’t buy…

    Mar 05, 2021 0 minutes

    is a US car-rental group. Its business was “wiped out” by. In June its share price shot up after Reddit traders started investing en masse, just as they did with GameStop recently, at which point the firm planned to sell $500m worth of stocks to ride out the pandemic. It only ditched the plan after the US Securities and Exchange Commission began to scrutinise it. The stock then crashed again. In the past year it’s slumped by 87.6%.

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