Share prices of Hertz surged 56% after billionaire investor Bill Ackman's firm disclosed a stake in the car rental company. Pershing Square Capital Management said in a regulatory filing on ...

(Reuters) - The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management company Pershing Square recently accumulated a 19.8% stake in ...

(Bloomberg) -- Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the rental car company’s turnaround plan and that ...

(NEXSTAR) — An unknown number of Hertz customers may have had some of their personal data stolen in a data breach impacting one of its vendors, the company confirmed Tuesday. The data ...

Hertz Corporation has warned about an alarming data breach that might have exposed sensitive customer data to hackers. The rental car company has provided details of the breach, the measures it ...

Hertz Global (NASDAQ:HTZ) extended on its monster rally that was kicked off after Pershing Square disclosed that it acquired 4.1% of the car rental company in Q1. With the reported 19.8% stake ...

Hertz shares soared by over 120 percent after Pershing Square revealed its stake. Bill Ackman’s firm now controls nearly 20 percent of Hertz through shares and swaps. Last year, Hertz lost an ...

Yesterday, Hertz Global Holdings, Inc. (Nasdaq: HTZ) became one of the best-performing automotive-related stocks of the year after the car rental company’s stock surged more than 56% in a single ...

Hertz was the original meme stock — its shares soared post-bankruptcy filing in 2020. After Hertz emerged from bankruptcy protection, it invested heavily in EVs. It later backtracked on the move ...

Photo by Jared Siskin/Patrick McMullan via Getty Image “Hertz is uniquely well-positioned in the current tariff environment,” Ackman wrote in a post on X. As 25 percent levies on imported cars ...