Hertz’s Stock Doubles To Erase All Post-Bankrupty Losses

Hertz’s Stock Doubles To Erase All Post-Bankrupty Losses

Shares of Hertz Global Holdings Inc. were vaulted higher in very active trading on Monday, enough to erase all the losses suffered since the car rental company declared bankruptcy, amid increasing signs that travel demand continues to improve.

The stock HTZ, -14.29% shot up 115.2% to $5.53 on record trading volume of more than 533.9 million shares. After running up 71.3% on Friday on 342.2 million shares, and…

Source: MarketWatch

 

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