Avis, Hertz Rise as Rental Price Recovery Seen Amid Fleet Cuts

  • ‘Pricing in the Americas has rebounded,’ Avis CFO says
  • Rental-car rivals have tumbled this year amid oversupply

Avis Budget Group Inc. climbed to the highest in almost five months after Chief Financial Officer David Wyshner said pricing pressure that curbed the rental-car company’s earnings is showing signs of easing.

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