From Nasdaq: 2025-04-21 15:00:00

Hertz Global Holdings, Inc. (HTZ) saw a significant increase in stock price, gaining momentum despite market turmoil due to tariffs. Bill Ackman’s 19.8% stake in the company and optimistic outlook for higher used-car prices post-tariffs contributed to the surge in Hertz’s shares.

However, despite the stock’s recent performance, the long-term outlook for Hertz remains uncertain. The company continues to struggle with high fixed costs, negative profit margins, and economic uncertainties. With a Zacks Rank #4 (Sell) and a decrease in earnings per share estimate, caution is advised before investing in HTZ.

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Read more at Nasdaq: Under $10 Stock Hertz Global Sees 43.9% Surge: Time to Buy?