Why Hertz Stock Is Higher Today
Hertz(HTZ) The Motley Fool·2024-05-14 02:50
The rental car giant's shares are reliving a bit of their 2021 glory today. But recent troubles don't inspire confidence in the rally. Shares of Hertz Global Holdings (HTZ 11.76%) were moving higher on Monday amid a revival of investor interest in the so-called meme stocks that surged earlier this decade. As of 11:30 a.m. ET, Hertz's shares were up about 12.3% from Friday's closing price. Hertz famously rode the meme stock trend to a second life in 2021. The company had filed for bankruptcy with an uncertai ...