HTZ Stock Recent News
HTZ LATEST HEADLINES
Hertz (HTZ) went into bankruptcy in 2020 before emerging out of it later on. During Wednesday's trading, the rental car company rallied more than 50% following news that activist investor Bill Ackman, with Pershing Square, bought a big stake.
'Closing Bell' host Scott Wapner reports on billionaire investor Bill Ackman's latest stake in Hertz.
Shares of Hertz surged 56% Wednesday after a regulatory filing revealed Pershing Square had built a 4.1% position as of the end of 2024.
Hertz Global Holding Inc.'s stock has been gaining favor of late as investors bet that consumers would potentially pivot to more used-auto purchases of ex-fleet cars in the face of higher new-car costs due to tariffs.
Shares of Hertz Global Holdings surged after hedge-fund manager Bill Ackman's firm disclosed a significant stake in the rental-car company.
PITTSBURGH, April 14, 2025 (GLOBE NEWSWIRE) -- Hertz Corporation (“Hertz”) recently announced a cybersecurity incident, which impacted the personal information of thousands of individuals. The information potentially impacted in the data breach includes individuals' names, contact information, dates of birth, credit card information, driver's license information, and information related workers' compensation claims.
Car rental giant Hertz has begun notifying its customers of a data breach that included their personal information and driver's licenses.
President Trump's auto tariffs are bad news for much of the auto industry—but not rental car companies.
On Thursday, stocks of car rental companies Hertz and Avis saw their values unexpectedly take off. As of midday, shares of Hertz Global Holdings were trading at around $4.15, an intraday increase of more than 20%.
Geopolitical news is providing a lift to the auto rental sector.