By Megha Mandavia
Tue Mar 22, 2011 11:32am EDT
(Reuters) - Dollar Thrifty Automotive Group's (DTG.N) strong profit outlook for the year lifted share prices across the car rental sector, allaying concerns that higher fuel prices and geopolitical concerns could hit the travel industry.
Shares of Dollar Thrifty rose over 4 percent to a life-high of $60 on Tuesday morning on the New York Stock Exchange. Shares of rival Avis Budget (CAR.O) were up 4
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