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Stock impact report

Hertz Shares to Trade on Pink Sheets After Bankruptcy [TheStreet.com]

Hertz Global Holdings, Inc (HTZ) 
Last hertz global holdings, inc earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.hertz.com
Company Research Source: TheStreet.com
Hertz Global Holdings said Friday that its common stock will start trading exclusively on the over-the-counter market after the auto-rental giant filed under the bankruptcy laws last spring.The company said in a statement that stock quotations will be available on the OTC Bulletin Board, or pink sheets, under the ticker symbol HTZGQ.Hertz was devastated by the coronavirus pandemic shutdown, which severely curtailed travel in an effort to stem the spread of the potentially deadly disease.Hertz said that the New York Stock Exchange had determined that the company was no longer suitable for listing afterthe company filed for bankruptcyThe stock no longer trades on the NYSE, effective Friday.Earlier this month, Hertz saidit had obtainedThe company said in a statement that it had secured commitments for debtor-in-possession financing totaling $1.65 billion. It filed a motion asking the U.S. Bankruptcy Court in Delaware to approve the financing.Hertz soon plans to line up a $4 billion finan Show less Read more
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