Herc Holdings Inc. shares exploded higher by more than 17% in midday trading Thursday, climbing to around $126.69 as investors piled into equipment rental names amid broader sector momentum and positive positioning ahead of the company's first-quarter 2026 earnings next week.
The stock (NYSE: HRI) opened sharply higher and sustained strong gains throughout the session on April 23, with trading volume surging well above average. The dramatic move comes as the equipment rental industry benefits from optimism around infrastructure spending, construction activity and improving market fundamentals following last year's major acquisition.
