Avis, Hertz in focus as Uber, Turo announce partnership

From Yahoo Finance: 2025-05-16 11:21:00

Shares of Avis Budget (CAR) and Hertz (HTZ) are in focus as Turo vehicles are now available to rent through the Uber app in the U.S. Pershing Square reported a 19.8% stake in Hertz, with CEO Bill Ackman suggesting a partnership between Hertz and Uber for AV fleet roll out. Hertz shares are at $6.15, Avis at $106.21.

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