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Outside investors are putting fresh money behind the fleet business Hertz Global Holdings (NASDAQ:HTZ) built from its own rental operations. Hertz stock is up 12% to $2.
Hertz Global Holdings Inc. (NASDAQ:HTZ) shares are trading higher Tuesday after its majority-owned subsidiary Oro Mobility secured an $80 million strategic equity investment from a consortium of investors.
ESTERO, Fla--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced that Oro Mobility has secured an $80 million strategic equity investment from a consortium of investors, including Cohen Private Ventures and certain funds or accounts affiliated with each of Certares Opportunities LLC and/or Knighthead Capital Management, LLC or an affiliate. This investment establishes Oro as a standalone growth platform, with the dedicated capital, talent, flexibility and strategic focus.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Car Sales expands TestDrive+ to More Than 300 Participating Hertz Locations.
Beaten-down rental stocks are bouncing while the wider transportation sector slips, and Hertz Global Holdings (NASDAQ:HTZ) is leading the rebound from the deepest hole in the group. Hertz stock is at $2.
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its third quarter 2026 financial results at 8:00 a.m. ET on Thursday, November 5, 2026, followed by an earnings call at 9:00 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q3 2026 earnings teleco registration, and.
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NEW YORK, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Hertz Global Holdings, Inc. (“Hertz” or the “Company”) (NASDAQ: HTZ). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.