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Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is known for betting on beaten-down big-brand stocks like Chipotle and Nike, and he's never hesitant to share his opinion, whether it's on the markets, politics, or another issue.
Pershing Square CEO Bill Ackman — who disclosed in a Thursday (April 17) post on X that the firm owns a 19.8% stake Hertz — said in the post that Hertz and Uber would be ideal partners to roll out a fleet of autonomous vehicles (AVs).
Hertz CEO Gil West said he is "encouraged" and "energized" by prominent investor Bill Ackman taking a "significant" position in the rental car company. The remarks, part of a weekly CEO message to employees, come two days after Ackman's Pershing Square disclosed a sizable stake in Hertz.
NEW YORK CITY, NY / ACCESS Newswire / April 18, 2025 / The Hertz Corporation recently disclosed that it suffered a data breach that compromised the sensitive personal and protected health data of individuals. This data breach has led to concerns over the security of sensitive personal and protected healthi nformation entrusted to Hertz.
Bill Ackman's Pershing Square has built a 19.8% stake in the car rental company.
OKLAHOMA CITY, April 17, 2025 (GLOBE NEWSWIRE) -- Murphy Law Firm is investigating claims on behalf of all individuals whose personal and confidential information was compromised in the data breach involving Hertz and Cleo. To join the class action lawsuit, visit our site HERE.
Shares rise 125% over two days as Pershing Square takes nearly a 20% stake.
NEW YORK CITY, NY / ACCESS Newswire / April 17, 2025 / The Hertz Corporation recently disclosed that it suffered a data breach that compromised the sensitive personal and protected health data of individuals. This data breach has led to concerns over the security of sensitive personal and protected health information entrusted to Hertz.
Hertz Global Holdings Inc (NASDAQ:HTZ) is surging, last seen up 23.2% to trade at $7.03, extending yesterday's 56% rally.
Hertz stock rallies after SEC filings show that Bill Ackman's Pershing Square has taken a large stake in the car rental company.