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Benzinga
Benzinga
Business
Joel Elconin

PreMarket Prep Stock Of The Day: Hertz Buyback Program Drives Stock Rally

Individual issues do not react in the same way to a company's efforts to enhance shareholder value.

A good example of this is the price action between FedEx Corporation (NYSE:FDX), which made such an announcement on Tuesday, and Hertz Global Holdings Inc (NYSE:HTZ) on Wednesday.

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