# Hedge fund to pay Avis $650mn in settlement after wild stock swings

> **Newsylist Open Intelligence Dossier** · First detected: 2026-06-23 13:26 UTC · Category: Business · Sources: 5 · Current Velocity: 2.8

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| GuruFocus | Avis Budget Group (CAR) Settles Lawsuit for $650M, Shares Rise | 2026-06-22 23:17 | [Source Link](https://news.google.com/rss/articles/CBMingFBVV95cUxNVkhyMHlobVNBMlRkY3dDV2IwS21MZmljbEZZNGlhdmJPZXdDWjMyWUdFY2w0cGx4aDBKQWU2THdJWXdCdUtKbEx1LTBpbmtMTFM2aEdfVUVmSklIQUNXU1o2ZW1rX1Q5YzVHRDBpLVQ2Y2VQZTJFSDg1Xy02aG9HWXF1eWcyczF1cE44U0x0bjNEd3RHMVJFSThQbHFDdw?oc=5) |
| Stocktwits | Why Is CAR Stock Jumping 2% Premarket Today? | 2026-06-22 23:17 | [Source Link](https://news.google.com/rss/articles/CBMipwFBVV95cUxPV0N1bExaSllILXJyam1rd0pwOTQxVEVEX1FxUG9oUEwzbE96bnZyMGhzT3RDczBYOExPNXFpMGdFc0JKLVg4NEIyczJwb3VDejRrWnJSdUlmcDlxZE90Z1N1Q0NwTF9GaUU0TUJtbnpNVnFoeDE4U2lIYjFLakpoT2w0bjBKYVJuc0hoUDZ2Y3JmVDYxQl92WUtUY1dWMWRSemdjbTNtcw?oc=5) |
| WSJ | Avis Wins $650 Million From Hedge Fund That Bet Big on Its Stock | 2026-06-22 23:17 | [Source Link](https://news.google.com/rss/articles/CBMiowFBVV95cUxQMjZKbDFOb0V2WERuQUc3ZVZaNW1kRnpyMzBQTk1icXZxai0xME9yVFY3LTRxQldoU0RxVjJKSVBwcGhVM3k4SnFFQlJuTkZFQUw1TDNWLThNN1NiTmp5Z3pKVldWQjVRNVhJN3h0clJ3Y0NLSXpYYnk4OENZMjRVMEJVZU9CRzJSOU4tTC15S1RnaWlRXzdCV1JGS09Fa0I0SHlr?oc=5) |
| Bloomberg | Avis Set for $650 Million Pentwater Payout After Short Squeeze | 2026-06-22 23:17 | [Source Link](https://news.google.com/rss/articles/CBMisgFBVV95cUxOVk5JZlhyQmdIdFM2Y2F1ZktaQVQ4ZmE3VjZBTmVWTG41Yk9FLU5ib1BobjdURzh4MXh5MUN6ZG5CdUpuZWExN2lGR295czFMSjYxV3dnRi1OWUZmTVZGN3lrdHhNczJWYncyZXRjZWppaEhHYXNSQnlEQzZaOE5LeXZiRzg5U2loam1HSkRSelZyZXhZSElYYTZ1dmhxQjhUcVFSRm9pTVpFQ3VadXBLY0pn?oc=5) |
| Financial Times | Hedge fund to pay Avis $650mn in settlement after wild stock swings | 2026-06-22 23:17 | [Source Link](https://news.google.com/rss/articles/CBMihAFBVV95cUxNQjZjOWxoc3M3dENCRDQ3c2l1THFhc2pZSTQyQmFMbV9nQmNLTzVkSHFUdWdUWGVIeDZyNC1aTndWSi01RjJBMkNRV25HdkN6V3oyQlFZZS1ZcmJOQVU2ZFNfaEZ2VDNlMzJQRjVhV0FGeWdoV3B3R2xIV0hIZmY2NERkNXQ?oc=5) |

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*Canonical Source: https://www.newsylist.com/trend/2026-06-23/hedge-fund-to-pay-avis-650mn-in-settlement-after-wild-stock-swings*
*Synthesized by Newsylist Open Intelligence Engine under E-E-A-T journalistic standards.*