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Hertz Global eyes worst day on record as EV rental business falters
Reuters via AOL· 3 days agoShares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hertz Global...
Morningstar· 12 hours agoNEW YORK, April 28, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hertz Global Holdings, Inc. ("Hertz" or the "Company ...
Trump, DeSantis meet privately for several hours in Miami
Fox News· 4 hours agoFormer President Donald Trump and Florida Gov. Ron DeSantis met privately in Miami, Florida on...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 3 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz loses another $200 million from its EVs
Yahoo Finance via AOL· 3 days agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized...
Hertz Global Holdings Inc (HTZ) Faces Financial Headwinds in Q1 2024, Misses Analyst Estimates
GuruFocus.com via Yahoo Finance· 4 days agoLiquidity: Corporate liquidity stood at $1.3 billion as of March 31, 2024, crucial for navigating...
Why Hertz Stock Plunged Today
Motley Fool via Yahoo Finance· 3 days agoShares of Hertz Global Holdings (NASDAQ: HTZ) were tumbling today after the car rental giant posted disappointing results in its first-quarter earnings,...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via AOL· 3 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
Hertz Reports $392 Million Loss as It Unwinds Tesla Fleet Burden
Bloomberg· 4 days agoHave a confidential tip for our reporters? Hertz Global Holdings Inc. reported a loss that was...
Hertz is ditching even more electric cars
Quartz· 2 days agoHertz is ditching more of its fleet of electric vehicles, which it says are unreliable and more expensive than gas-guzzlers, as it reports a $392 million...