Herc Holdings Inc. Stock News

If embattled car-rental giant Hertz doesn’t sell enough stock, it might not have enough cash to finance its operations through bankruptcy. If it sells the full allotment, existing shareholders will

Hertz Global Holdings Inc will sell up to $500 million in new shares, the car rental firm said on Monday, as it takes advantage of a strong rally in its stock since it filed for bankruptcy last month.

Americans drove 163 billion fewer miles in March and April, according to the Federal Highway Administration, but they’re back on the road again.

Shares of Hertz Global Holdings Inc. plunged 20% in premarket trading Monday, after the bankrupt car rental company filed for the sale up up to $500 million worth of common stock. The filing comes af

By Geoffrey Smith

The Global HVAC Rental Equipment Market will grow by $ 1.93 bn during 2020-2024

(Bloomberg Opinion) -- A wild week for U.S. stock market indexes was accompanied by some eye-popping moves in individual listings, several of which were apparently driven by retail investors and lacke

A tumultuous week pushes down the major stock averages. The rising tide of liquidity from the Federal Reserve has lifted many ships, including some rust buckets.

Recently, shares of companies in severe financial distress — including Chapter 11 bankruptcy — have been very popular for day traders, a sign that has many concerned.

Tales of out-of-work 20 and 30-somethings using coronavirus-stimulus checks to scoop up stocks on Wall Street with reckless abandon are emerging fast and furiously, but the reasons behind the recent f

In 1929, the story goes, Joseph P. Kennedy, patriarch of the Kennedy clan, went for a shoeshine not far from his Wall Street office. Kennedy was stunned when the shoeshine man gave stock tips to him,

A tumultuous week pushes down the major stock averages. The rising tide of liquidity from the Federal Reserve has lifted many ships, including some rust buckets.

Hertz’s stock has shocked market observers by rallying even after its May 22 bankruptcy filing. It’s become a favorite of newbie traders on apps like Robinhood.

Volatile markets are firing up a new breed of day traders, helping revive left-for-dead names, such as American Airlines and Hertz.

Barclays' analysts say that Robinhood isn't behind the stock market's rally. But others think that it might at least have something to do with it.