Hertz

The stock market experienced significant declines on Wednesday as Federal Reserve Chair Jerome Powell addressed economic concerns. The S&P 500 fell 2.2% to 5,275.70 points, while the Nasdaq dropped 3% to 16,307.16. The Dow Jones Industrial Average fell 1.7% to 39,669.39. The tech sector faced...

U.S. stock markets closed lower today, with the Nasdaq Composite dropping over 90 points or 0.5% to 17,804.03. The Dow Jones Industrial Average slipped 0.41% to 42,299.70, while the S&P 500 edged down 0.3% to 5,693.31. These are the top stocks that gained the attention of retail traders and...

Editor’s note: This story was updated with Hertz’s statement about reimbursing the customer who rented its EV Joshua Lee, a Hertz Global Holdings customer, was reportedly charged a $277.39 fee for "refueling" an electric Tesla Model 3 he rented from...

Rental company Hertz Global Holdings Inc (NASDAQ:HTZ) has put its fleet of Tesla Inc‘s (NASDAQ:TSLA) Model 3 vehicles on sale for prices starting at $14,000. What Happened: Hertz is selling some of its Tesla Model 3 vehicles at appealing prices. After making a...

Home furnishings retailer Bed Bath & Beyond Inc. (NASDAQ:BBBY) plummeted on Monday after it confirmed that it has filed for Chapter 11 bankruptcy protection. Former hedge fund manager Whitney Tilson weighed in on the development. What Happened: Tilson, the founder and CEO of investment advisory...

In light of speculative commentary on online forums such as WallStreetBets, which has fueled individual stock volatility, retail investors have gained increased respect from institutional counterparts. In recognition of those disruptive innovators catering to retail interests, Benzinga spoke with...

Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured a leading chip maker and an electric vehicle maker. Bearish calls included a top sportswear maker and a top oil driller. This past week, the president was in Asia, and the retail...

While the rental car industry as a whole has struggled recently, the second quarter may be softer for Hertz Global Holdings Inc (NYSE: HRI). However, it could also mark a bottom for the company. “We are lowering our 2Q adj. Corp. EBITDA to $30mn from $55mn," said MKM Partners analyst...

Shares of Hertz Global Holdings, Inc (NYSE: HTZ) fell roughly 15 percent and hit a new all-time low of $11.78 on Tuesday. Investors and traders were reacting to the car rental's earnings report, which fell well short of expectations. Following the report, Chris Woronka of Deutsche Bank maintains a...

Shares of Hertz Global Holdings, Inc (NYSE: HTZ) were trading lower by nearly 4 percent early Friday morning after analysts at Credit Suisse downgraded the stock to Underperform from Neutral with a price target lowered to $15 from a previous $27. Credit Suisse's Anjaneya Singh noted that his...

Whether the past week's volatility, and the apparent and long overdue correction, has brought out bargain hunters remains to be seen. However, it is clear that insiders and beneficial owners have come out to take advantage of the turmoil. Conventional wisdom says that insiders and beneficial owners...