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Hertz

Hertz Shares Dive Following Disappointing Q1 Results and $250 Million Stock Offering

May 13, 2025
Stocks making the biggest moves premarket: HTZ, UNH, LLY

Hertz Faces Turbulent Times: A Deep Dive into Recent Earnings and Strategic Moves In a dramatic turn of events, Hertz Global’s stock took a nosedive early Tuesday as investors reacted to disappointing first-quarter earnings and … Read more

Categories Business News Tags Disappointing, Dive, Hertz, Million, offering, results, Shares, stock

Hertz Soars Following Bill Ackman’s Significant Investment in the Rental Car Company

April 16, 2025
Analysts are doubtful about Ackman's proposed transformation of Howard Hughes into the next Berkshire

Bill Ackman’s Bold Bet on Hertz: A Deeper Look into the Investment Landscape At the recent Delivering Alpha conference in New York City, the spotlight was on Bill Ackman, CEO of Pershing Square Capital Management. … Read more

Categories Investing Tags Ackmans, Bill, car, Company, Hertz, investment, Rental, significant, Soars

How the massive EV transition is starting in the car rental industry

June 19, 2022
Tesla Model 3 Electric Vehicles at a Hertz airport location

Key Points: Hertz’s $4.2 billion deal to purchase 100,000 Tesla fully electric vehicles (EVs) by the end of 2022 set off a race among rental car agencies. Enterprise Holdings and Avis Budget Group have announced … Read more

Categories Economy Tags Big Tech, electric vehicles, Enterprise, Hertz, stocks, tesla

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