Transportation
Avis Budget Group received a delisting notice from the New York Stock Exchange in late December as its minimum average closing price was below $1. In response, Avis said in regulatory filings that it would “seek to cure the deficiency" in the coming "six-month period, subject to possible extension
." NYSE rules allow stocks below $1 to remain listed "during the cure period, subject to our compliance with other NYSE continued listing requirements,” according to the company. Avis Budget Group also announced that it received commitments to renew financing for its regular and seasonal rental fleets.