Verra Mobility (NASDAQ: VRRM) moves to end Avis contract and holds its 2026 outlook
What happened Verra Mobility Corporation (NASDAQ: VRRM) is ending its Avis Budget Group contract on Jan. 30, 2027, after Avis cut fleet volumes. The company used its termination right on Oct. 2. In July it had signed a seven-year extension with Avis on materially less favorable terms, the earnings release says. Third-quarter revenue was $258.9 […]
1 Nov 23:12 · The Markets Daily