American car rental company Hertz saw its shares skyrocketing on Wednesday. The stock soared over 50% after Wall Street learned that the company had selected a $6 billion turnaround bid. Shares were rocketing as much as 68% after the move, which will provide a rare payout to its shareholders. Knighthead Capital Management, Certares Management, and … Continue reading “Hertz Shares Explode After Selecting a $6B Turnaround Bid”
Author: Sophia Vida
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