Key facts
- Verra Mobility CEO David Roberts has left the company.
- Verra Mobility received a termination notice from Avis Budget Group.
- Verra Mobility's stock price fell 70% after markets closed on June 1, 2026.
- The stock price drop was $9.23 per share.
Verra Mobility Corporation (NASDAQ: VRRM) announced after market close on June 1, 2026, that its CEO, David Roberts, has departed the company. This development follows a substantial 70% decline in Verra Mobility's share price, which amounted to a $9.23 per share drop. The company's stock crash occurred subsequent to receiving a termination notice from Avis Budget Group.