REDDIT
VRRM - Los Angeles to contract with Verra Mobility launching the largest speed safety program in California
6% up today.
This one is so beaten up, any good news it is going to rip
The government contract is almost a monopoly.
I did another deep dive on the possibility of AVIS actually being able to replace VRRM in house.
Technology it is not impossible. However the actually connecting with all 4000+ entities like VRRM does, it will take years.
I won't be surprise if AVIS come back to VRRM before the actual September termination date.
If that happens, with with a discount to AVIS, going back to $15 or even higher, it is highly likely