Hertz Shares Slip On Heels Of Debt Offering: What’s Going On?
Hertz plans to offer $250 million in aggregate principal amount of Exchangeable Senior Second-Lien Secured PIK Notes due 2029.
Deep Dive Into Hertz Global Holdings Stock: Analyst Perspectives (8 Ratings)
In the last three months, 8 analysts have published ratings on Hertz Global Holdings (NASDAQ:HTZ), offering a diverse…
Car-Rental Firm Hertz Reportedly Seeks $700M Lifeline As EV Strategy Stalls
The company is looking to remove 30,000 electric vehicles from its fleet, significantly higher than the number announced earlier this year.
Spirit Airlines CFO Haralson Joins Struggling Hertz To Lead Car Rental Firm’s Cost-Cutting Efforts
Spirit, meanwhile, said Brian McMenamy would take over as interim CFO from June 14, as the ultra-low-cost airline also struggles to survive.
Hertz Global Holdings’s Options: A Look at What the Big Money is Thinking
Investors with a lot of money to spend have taken a bearish stance on Hertz Global Holdings (NASDAQ:HTZ).…
How Is The Market Feeling About Hertz Global Holdings?
Hertz Global Holdings’s (NYSE:HTZ) short percent of float has risen 38.16% since its last report. The company recently…
Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What’s Driving Markets Wednesday?
The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April, as traders increased their rate cut bets.
Jim Cramer: This Industrial Company Is ‘Absolutely Terrific’, Recommends Buying Modine Manufacturing
Regarding Hertz, Jim Cramer said, "I don't want you to sell, and I don't want you to double down. Let's just see if it can't go higher."
What’s Going On With Hertz Stock Today?
Hertz shares are moving higher on heavy volume Tuesday as the return of Roaring Kitty has led to a rally in high-short interest stocks and meme stocks. According to data from Benzinga Pro, 19.42% of Hertz shares are being sold short and more than 11.9 million shares have already been traded in the session.
Why Alibaba Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session
Shares of Alibaba Group Holding Limited (NYSE:BABA) fell sharply during Tuesday’s session following mixed first-quarter financial results. The…