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.
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#HTZ↓
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.
Hertz Surges as Oro Mobility Partners with Uber to Launch Robotaxi and Driver Fleets
Hertz jumps after teaming with Uber to run robotaxis and driver rides, expanding into self-driving and shared mobility markets.