Verra Mobility Tumbles After Avis Deal Ends, Street Rethinks Outlook

Verra Mobility Corp shares were indicated around $4 ahead of Thursday’s Nasdaq open, steadying after tumbling 70.6% in the last session on news Avis Budget Group will end a major contract with the firm. The stock finished Wednesday at $3.85, off $9.23, after hitting a session low of $3.40.

28 May 2026

NASDAQ:VRRM · Stock Market

Verra Mobility shares slide 70% after Avis drops out

Verra Mobility shares slide 70% after Avis drops out

Verra Mobility shares plunged Wednesday after Avis Budget Group said it plans to drop a major contract in September 2026. The announcement cuts off a big customer, leaving the tolling and fleet-services firm facing fresh questions about its business model.

27 May 2026

NASDAQ:VRRM·NYSE:CAR·Stock Market·Technology

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