Verra Mobility (NASDAQ:VRRM) shares plunged sharply in after-hours trading on Tuesday.
VRRM shares fell 41.2% to $7.70 in after-hours trading after the company announced that Avis Budget Group terminated its agreement with Verra Mobility effective September 2026.
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Verra Mobility is a smart transportation technology company that helps manage tolling transactions, traffic enforcement systems and fleet mobility services for commercial fleets, rental car companies and government agencies.
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