Hertz Shares Surge After Oro Mobility Secures $80 Million Investment
Oro Mobility raises $80 million from strategic investors to scale its fleet platform across rideshare, driver-led, and autonomous mobility while Hertz retains majority ownership.
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Bill Ackman Buys Netflix Again – Plus 5 Other Stocks in Biggest Portfolio Shake-Up in Years
Pershing Square adds Netflix, Visa, Mastercard, Alcon, ICE & S&P Global in its largest portfolio shift. Also exits Hertz after a “bungled” offering.
Hertz Shares Surge on Stronger-Than-Expected Second-Quarter Results
With 30% short interest, a short squeeze could push HTZ higher amid strong results.
Hertz Stock Hit by Lower Price Targets from Barclays and Jefferies
Analysts flag EBITDA risks, liquidity concerns, and softer used-car values for HTZ.
Hertz Cuts Second-Quarter Outlook as Vehicle Depreciation Pressures Mount
Hertz warned on second-quarter results citing weaker used-car demand and depreciation pressure. The company also announced a $100M borrowed-share offering.
Hertz Launches Huge Digital Showroom on eBay
Hertz is selling 8,000 near-new cars on eBay with warranties and protections, shifting to direct online car sales.