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Hertz Global Holdings Inc. is exploring ways to raise debt to bolster its balance sheet as it faces a potential payout to bondholders and to address looming liabilities, according to people with ...
(NEXSTAR) — An unknown number of Hertz customers may have had some of their personal data stolen in a data breach impacting one of its vendors, the company confirmed Tuesday. The data ...
(Bloomberg) -- Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s turnaround plan and that ...
AI scanners will replace manual inspections at Hertz’ car rental stations in US airports. The technology by UVeye uses cameras and sensors to scan the vehicle within seconds. This move aims to ...
And now, the original meme stock has returned. Hertz shares were relisted in 2021 after exiting bankruptcy. Shares traded down throughout the past couple of years. But, with well-known investor ...
Billionaire hedge-fund manager Bill Ackman disclosed a nearly 20% stake in rental-car company Hertz HTZ-4.98%decrease; red down pointing triangle on Thursday as he laid out his bullish reasoning ...
Hertz shares soared 56% Wednesday after billionaire Bill Ackman’s investment firm disclosed a sizable stake in the struggling rental car company. Ackman's Pershing Square held over 12.7 million ...
Shares of Hertz () rocketed 56% higher on Wednesday after billionaire hedge fund operator Bill Ackman revealed a significant 4.1% stake in the troubled car rental agency. Ackman, who runs Pershing ...
Bill Ackman's Pershing Square Capital Management purchases 12.71 million shares of Hertz. Pershing Square's stake was valued at approximately $46.5 million at the time of the filing. Feel unsure ...
Hertz stock jumps 25% pre-market after Pershing Square reveals $46.5M stake in the company. Despite bearish technicals, Ackman's investment signals a bullish turn for the car rental giant. Markets ...