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Hedge fund to pay Avis $650mn in settlement after wild stock swings

  • Posted on June 22, 2026
  • By Financial Times
  • 3 Views
  • 1 min read
Hedge fund to pay Avis $650mn in settlement after wild stock swings
Hedge fund to pay Avis $650mn in settlement after wild stock swings

Pentwater Capital rapidly sold shares in the US car rental group as its stock soared then plummeted
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Author
Financial Times

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