Rental car giant Avis Budget (CAR) saw its shares soar despite posting third quarter results that fell short of Wall Street estimates. CEO Joe Ferraro says in the release the "holidays look strong," and the company is in position to capitalize on it.

Market Domination anchors Julie Hyman and Josh Lipton discuss the stock's move in the video above.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Stephanie Mikulich.