REDDIT
+33% AH - Verra Mobility Reaches Framework Agreement with Avis Budget Group
I post here previously about this stock and its potential to bounce back from a 70% drop
And today, it just made the first major step toward recovery
One of the big reason of the 70% drop is AVIS terminated VRRM, and as I expected, AVIS just can’t live without VRRM, hence they are now have to reach new deal, while the term is worse than previous deal, it just show that even with AI and vibes coding and all those BS, company just can’t live without VRRM
This stock can easily double come the earning call on Aug 4th, and on path to $20, last chance to buy in