Hertz (NASDAQ: HTZ) stock is back in the spotlight, surging 56% on Wednesday and another 44% on Thursday, after billionaire investor Bill Ackman’s Pershing Square revealed a significant and growing ...

Hertz’s 5% bonds due 2029 rose 9.75 cents on the dollar to 66.75 cents, as of 12:38pm in New York, according to Trace data The company’s 4.625% bonds due 2026 rose 4 cents on the dollar to 82.25 cents ...

Ackman's Pershing Square Capital bought $46 million in Hertz shares. The stock has now doubled in two days. Hertz Global Holding Inc.'s stock has been gaining favor of late as investors bet that ...

Shares of Hertz (HTZ) surged 56% on Wednesday after a regulatory filing revealed Bill Ackman’s Pershing Square had built a 4.1% position in the company as of the end of 2024. However ...

Pershing Square Capital Management said in a regulatory filing on Wednesday that it had acquired 12.7 million shares valued at $46.5 million. Pershing Square owns 4.1% of Hertz, making it the ...

Share prices of Hertz surged 56% after billionaire investor Bill Ackman's firm disclosed a stake in the car rental company. Pershing Square Capital Management said in a regulatory filing on ...

Pershing Square Capital Management said in a regulatory filing on Wednesday that it had acquired 12.7 million shares valued at $46.5 million. Pershing Square owns 4.1% of Hertz, making it the ...

Billionaire Bill Ackman's Pershing Square Capital Management, known for being an activist investor, has purchased more than 12.7 million shares of Hertz Global Holdings stock, according to a Wednesday ...

Ackman's Pershing Square held over 12.7 million shares in the company at the end of the fourth quarter, a roughly 4% stake. Even with Wednesday’s gains, shares are down about 11% over the past ...

Ackman-led Pershing Square Capital Management said in a securities filing on Wednesday that it has accrued 12.7 million shares of Hertz stock. That represents about 4.1% of the company’s 307.9 ...

The moves are an adjustment for many automakers and suppliers that were concerned about the tariffs. Others say the tariff revisions fall short of protecting suppliers.