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Stock impact report

Hertz Shows That Carl Icahn Giveth and Taketh Away [MSN Money]

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: MSN Money
Hertz Shows That Carl Icahn Giveth and Taketh Away © Provided by /7 Wall Street, LLC Hertz Global Holdings Inc. (NYSE: HTZ) was among the big losers on Tuday after it was disclosed in an SEC filing that Icahn had sold some million common shar of the rtal car giant. What is amazing about the drop is that Icahn's stake of about . million shar is still roughly 9% of the company. His prior stake had be about %. Hertz had be facing prsure from Icahn, and he has be the largt of the shareholders for several years. Icahn's team has board seats, and there have be two CEO chang at the rtal car giant. The news of the Icahn stake sale came just days after Barclays had raised its rating to Equal Weight from Underweight with an $8 price target. Shar of Hertz were last se trading down % at $7.8 on Tuday, with trading volume of more than million shar in the early afternoon, which was already more than four tim a normal day's worth of trading volume. Hertz has a conssus analyst target price of $.88 Show less Read more
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