Diamonds and Dogs
Avis Budget (CAR) higher on insider buying. Car rental company is up 5% after their CFO bought $1.1 million worth of stock last week. To cut costs, Avis removed roughly 250,000 vehicles from their global fleet since last spring.
Tesla (TSLA) takes a hit on their bitcoin purchase. Tesla is down 3% today and down 20% from the January highs after $1.5 billion investment in Bitcoin accelerated thier stock price move. The recent slide in Tesla's stock has caused Elon Musk to lose his title as the world's richest person.
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