Avis Budget Group, Toyota Motor And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Avis Budget Group Inc (NASDAQ: CAR) shares dropped 9.6% to $134.10 in pre-market trading after the company filed a prospectus to offer and sell up to 5 million shares of common stock. Additionally, Toyota Motor Corp (NYSE: TM) saw a decline of 2.3% to $202.05, following reports of a 3.3% drop in sales and a 3.9% decrease in production for February. Overall, several stocks experienced declines in the pre-market session.