Avis stock +600% then -52% in days
Avis car rental stock surged 600% in a month due to hedge funds holding over 100% of shares via equity swaps, then crashed 52% in a single day.
Snapshot · God Mode Podcast
Anthropic apologized, SpaceX wants to buy Cursor & hairdryer hacked Polymarket | GMP EP10
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Apr 25, 2026
Where this was said
Avis Stock: +600% Then -52% — The Equity Swap Short Squeeze
At 51:57 · chapter starts 51:20
Avis Stock: +600% Then -52% in Weeks
Avis car rental has $25B in debt and lost $995M last year. Two hedge funds combined equity swap holdings exceeded the entire outstanding share supply. Wall Street Bets piled in. The stock went from $200 to $713 — then crashed 52% in a single day. Classic bubble mechanics.
XPeng Flying Cars: 7,000 Pre-Orders, 2027 Target
XPeng has 7,000 pre-orders for a vehicle that drives on roads and detaches a flying drone when terrain blocks the way. Mass production target is 2027. China has the battery tech, the drone expertise through DJI, and the regulatory appetite to make this happen first.
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