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The Latest Breaking News from Hertz Global Holdings Inc

Bill Ackman's Hertz Stake Is Starting To Look Like His Next Chipotle Moment

When billionaire Bill Ackman quietly built a $104 million position in Hertz Global Holdings Inc. (NASDAQ:HTZ) this summer, few noticed. It was a small 0.76% slice of Pershing Square Capital's portfolio — easy to miss next to his billion-dollar stakes in Chipotle Mexican Grill Inc (NYSE:CMG) and Hilton Hotels Corp…

Carvana Stock Is Sliding Wednesday: What's Driving The Action?

Carvana Stock Is Sliding Wednesday: What's Driving The Action?

Carvana Co (NYSE:CVNA) shares are trading lower Wednesday after Hertz Global Holdings Inc (NASDAQ:HTZ) announced that it will sell certified used cars on Amazon.com Inc (NASDAQ:AMZN) Autos.

Should You Consider Investing in Hertz Global?

Should You Consider Investing in Hertz Global?

Hertz Global (HTZ) slumped more than 55% year-to-date as the car rental company continues to incur massive losses from its ill-fated Tesla EV plan, shaking investor confidence. Should you consider investing in this stock? Read more to find out….

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Hertz’s Plan To Reduce EV Fleet Puts Tesla’s Rental Promotion At Odds

Tesla and Elon Musk promote renting through Hertz while Hertz looks to scale back its EV fleet

Barclays Cuts Price Target For Avis Budget & Hertz Global - Read Why

Barclays analyst Brian Johnson lowered the price target for Avis Budget Group Inc (NASDAQ:CAR) to $158 (1.7% upside) from $223 while maintaining the Equal Weight rating on the shares. The analyst reduced the price target on Hertz Global Holdings Inc (NASDAQ:HTZ) to $21 (28% upside) from $23 while maintaining the Over Weight rating on the shares. Johnson points out…

Does Hertz Global Deserve a Place in Your Portfolio?

While the car rental company Hertz Global (HTZ) has witnessed surging consumer demand due to easing travel restrictions, its shares have plummeted nearly 31% in price year-to-date. So, let’s evaluate if it is worth adding the stock to your portfolio now. Read on to learn more.

Hertz Announces New $2B Buyback: What Investors Need To Know

Shares of vehicle rental service company Hertz Global Holdings Inc (NASDAQ: HTZ) are moving higher Wednesday after the company announced a buyback.

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Why Gores Guggenheim Shares Are Rising Today

Why Gores Guggenheim Shares Are Rising Today

Gores Guggenheim Inc (NASDAQ: GGPI) shares are trading higher Monday after Polestar announced an agreement with Hertz Global Holdings Inc (NASDAQ: HTZ).

Tesla's More-Expensive Model Y Finds Its Way To Car Rental Firm Hertz's Fleet

Tesla's More-Expensive Model Y Finds Its Way To Car Rental Firm Hertz's Fleet

Hertz Global Holdings Inc (NASDAQ: HTZ) has started adding Tesla Inc’s (NASDAQ: TSLA) mid-size sports utility vehicle Model Y to its fleet, the car rental firm&rsquo

Rental Car Companies Mull Electrification: Reuters

Rental Car Companies Mull Electrification: Reuters

The rental car industry, after a stellar performance boosted by the pandemic, is poised to embrace electrification, Reuters reported. Asian automakers could enter the electric transition, dominated by companies in the west, mainly in the U.S. and Europe. The report quoted Olivier Baldassari, group chief countries, and operations officer at rental…

What's Going On With Hertz Shares Today?

What's Going On With Hertz Shares Today?

Hertz Global Holdings Inc (NASDAQ: HTZ) is trading higher Thursday after the company reported fourth-quarter financial results. The stock initially traded lower, but reversed following positive analyst coverage.

Tesla Customer Hertz Backs EV Car Rental Startup Ufodrive In $19M Funding Round

Tesla Customer Hertz Backs EV Car Rental Startup Ufodrive In $19M Funding Round

Car rental firm Hertz Global Holdings Inc (NASDAQ: HTZ) is a leading investor in Europe’s online, all-electric car rental startup Ufodrive.

Hertz Names Former Goldman Sachs CFO Stephen Scherr As CEO

Hertz Names Former Goldman Sachs CFO Stephen Scherr As CEO

Hertz Global Holdings Inc (NASDAQ:HTZ) has appointed Stephen M. Scherr as Chief Executive Officer. Scherr will assume his role as CEO and board member of Hertz on February 28, 2022. Scherr spent nearly three decades at Goldman Sachs Group Inc (NYSE:GS), leading a range of strategic and operational functions, departing the firm as Chief…

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