Verra Mobility Corporation’s stock fell over 40% in after-hours trading on May 26, 2026, after the company disclosed that Avis Budget Group had delivered a notice terminating a major commercial services agreement, causing Verra to reduce its 2026 guidance. The disclosure followed prior statements that Verra’s outlook assumed a successful renewal with a significant Commercial Services customer, and management had previously told investors that it expected resolution with Avis in the first half of 2026.
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