Hertz Global Inc. (HTZ)

President Trump's auto tariffs are bad news for much of the auto industry—but not rental car companies.

On Thursday, stocks of car rental companies Hertz and Avis saw their values unexpectedly take off. As of midday, shares of Hertz Global Holdings were trading at around $4.15, an intraday increase of m...

Shares of Hertz (HTZ) and Avis Budget Group (CAR) surged on Thursday after US President Donald Trump announced a plan to impose a 25% tariff on imported vehicles. The proposed levies are expected to i...

Geopolitical news is providing a lift to the auto rental sector.

Hertz Global Holding and Avis Budget Group shares surged after President Trump announced tariffs that would bring fresh complications to auto manufacturers.

Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on imported vehicles raised prospects of consumers opting for car ren...

Knighthead Capital Management is a New York-based hedge fund specializing in fundamental analysis, operational and financial turnarounds, and risk management.

[00:00:04] Doug McIntyre: Hertz made an interesting decision two or three years ago that they were going to buy several tens of thousands of Teslas on the theory that Americans would adopt EVs fast.

I maintain a sell rating for Hertz Global due to weak revenue trends, elevated depreciation per unit (DPU), and potential liquidity risks. HTZ's 4Q24 results were disappointing, with revenue declining...

Hertz's financial struggles stem from a poorly timed investment in electric vehicles, leading to significant losses, mounting debt, and a steep stock decline. Q4 2024 results were disappointing, with ...