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You Searched For "Hertz" and got 20 results


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Famed short seller Andrew Left is back shorting GameStop years after taking a hit during meme-stock mania

The famed short-seller told Bloomberg he shorted the stock after he saw retail hero Keith Gill's la…

Jennifer Sor   


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2 mins read

Hertz halts plan to buy 65,000 electric cars amid EV slump

The rental car giant is pausing plans to buy 65,000 electric cars from EV pioneer Polestar, accordi…

Tom Carter   


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2 mins read

Hertz's embrace of Teslas isn't going so well

Hertz is slowing down its rollout of electric vehicles, citing higher repair costs and depreciation…

Tim Levin   


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Hertz says it's selling 20,000 EVs, in part because they're too expensive to repair

The car-rental giant said higher repair costs contributed to its decision to cut the fleet by a thi…

Graham Rapier   


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I rented an EV from Hertz. I'm not surprised they're dumping 20,000 electric cars.

After that, it was my turn to pick up my Model 3. I thought the employee might find it amusing afte…

Nora Naughton   


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3 mins read

You can get a crazy good deal on a used Tesla from Hertz right now but know these risks

A slew of supercheap Teslas newly listed on Hertz's website as low as $20,000 might be too good to …

Nora Naughton   


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3 mins read

'Approaching maximum market negativity on EVs?' Here's what Wall Street expects from Tesla's 4th-quarter earnings report

Tesla produced a record 435,059 units last quarter, blowing past estimates on Wall Street. Demand f…

Jennifer Sor   


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Revlon falls 13% as blistering rally following the cosmetic company's bankruptcy filing loses steam

Revlon stock reversed course Thursday after retail investors drove a huge rally in an attempt to re…

Jennifer Sor   


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2 mins read

Don't forget to check the 'frunk' in a rented EV! A Hertz customer found a slab of rancid meat in his Tesla.

As more car rental companies are increasing the number of EVs in their fleets, there are some featu…

Kylie Kirschner   


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Revlon has soared 652% since it filed for bankruptcy as retail investors seek to replicate Hertz magic

"If executed effectively, Revlon could emerge from bankruptcy with a cleaner balance sheet and a be…

Matthew Fox   


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Hertz: the original meme stock rises from the ashes of bankruptcy

At the start of the pandemic, Hertz became the original meme stock when day traders flocked to the …

Emily Graffeo   


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Hertz's Chapter 11 restructuring plan has been confirmed by a bankruptcy court, paving the way for a $1 billion shareholder payout

The car rental giant said on Thursday its restructuring plan has been confirmed by a bankruptcy cou…

Emily Graffeo   


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Hertz has emerged from bankruptcy. The original meme stock has surged more than 2,000% leading up to its exit from Chapter 11.

Hertz investors received more than $1 billion in value from the bankruptcy exit, in the form of $23…

Matthew Fox   


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3 mins read

Emily Graffeo   


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Tesla falls 4% after Elon Musk warns it hasn't yet signed the Hertz contract for a record-breaking 100,000 orders

"If any of this is based on Hertz, I'd like to emphasize that no contract has been signed yet," Mus…

Shalini Nagarajan   


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2 mins read

Tesla eclipses $1 trillion valuation after Hertz orders 100,000 Model 3 vehicles

Tesla is the fastest company on record to hit a $1 trillion valuation at 18 years, besting Alphabet…

Matthew Fox   


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1 min read

Bankrupt Hertz soars 68% after accepting a takeover bid that would give a rare payout to stock investors

According to The Wall Street Journal, the winning bid will pay current shareholders close to $8 a s…

Emily Graffeo   


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We're auctioning off stock history as NFTs to participate in the future of finance

To get closer to our audience and better understand the future of trading, we are auctioning off hu…

Seth Archer   


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Bankrupt car-rental firm Hertz' lenders are proposing a shakeup that would take a newly reorganized company public, report says

The lenders want to convert their holdings in the bankrupt firm into shares of the reorganized comp…

Shalini Nagarajan   


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Hertz stock investors will not be paid back under a reorganization plan as a chapter of the meme-stock saga comes to an end

The restructuring comes nine months after the car rental company entered chapter 11 proceedings, as…

Isabelle Lee