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Stock impact report

Why Hertz Global's Stock Is Up 90% [Yahoo! Finance News]

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
Hertz Global (NYSE: HTZ) shares are trading higher on Friday after the company announced it secured commitments of $1.65 billion in debtor-in-possession financing.Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services.The company operates a network of car rental locations and licenses its brands to associates and franchisees. The highest segment by revenue is the U.S. car rental unit.Hertz Global shares traded up 97.57% to $2.04 on Friday. The stock has a 52-week high of $20.85 and a 52-week low of 40 cents.Related Links:Avis Budget Benefits From Improving Used Car Market, Morgan Stanley SaysWhat Happens To A Bankrupt Stock After It Gets Delisted?Photo credit: dhub limited, FlickrSee more from Benzinga Show less Read more
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