By Chris WackAutoWeb Inc. shares fell 8% to $3.27, a day after the company said it and automotive subscription platform Autonomy would rent cars on a short-term basis. AutoWeb shares ended Thursday's session up 12%, after hitting their 52-week high of $4.35. Consumers can customize their monthly payments to as low as $550 a month with a $5,500 start fee, up to $1,000 per month with a start fee as low as $1,000. A $500 security deposit is required when the subscription is activated. Write to Chris Wack at chris.wack@wsj.com(END) Dow Jones NewswiresJanuary 21, 2022 11:07 ET (16:07 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal January 22, 2022 04:15 UTC