SAN FRANCISCO, June 02, 2026 (GLOBE NEWSWIRE) -- After the markets closed on June 1, 2026, Verra Mobility Corporation (NASDAQ: VRRM) announced that its CEO (David Roberts) left the company. Roberts' departure comes in the wake of a massive $9.23 fall (-70%) in the price of the company's shares on May 27, 2026 after news that it received a termination notice from one of its largest customers -- Avis Budget Group. National shareholder rights firm Hagens Berman continues its investigation into the developments ...

Verra Mobility Corporation (NASDAQ:VRRM) is one of the best tech stocks under $5 to buy. UBS downgraded Verra Mobility Corporation (NASDAQ:VRRM) to Neutral from Buy on May 28, bringing the price target on the stock down to $4 from $23. It attributed the downgrade to the "material reduction" in the company's revenue and profit outlook after the Avis Budget contract termination, saying that it now sees increased uncertainty around Verra Mobility Corporation's (NASDAQ:VRRM) other major contract renewals in its ...