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International Business Times
International Business Times
Business

Hertz Stock Climbs 4% as Recovery Hopes Build: Is HTZ a High-Risk Gamble or Real Rebound Play?

Hertz Global Holdings Inc. shares rose 4.44% in midday trading on April 20, 2026, climbing 33 cents to $7.76 as investors weighed early signs of operational improvement against persistent challenges in the car rental giant's path to sustainable profitability.

Hertz Stock Climbs 4% as Recovery Hopes Build: Is HTZ a High-Risk Gamble or Real Rebound Play?

The stock has staged a sharp recovery in recent weeks, more than doubling from March lows near $3.78 after a brutal 2025 marked by heavy losses, fleet management issues and a challenging used-car market. Monday's gain extended momentum from last week's 6.45% surge to $7.43 on April 17, fueled by reports of rising rental demand and management's outline of a steadier recovery trajectory for 2026.

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