The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management ...

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle ...

Billionaire investor discloses nearly 20% stake in Hertz, lays out path to greater profitability ...

Tariffs on imported new cars may prop up the values of existing vehicles, such as those in rental group’s fleet ...

Wealth host Brad Smith and Yahoo Finance Senior Reporter Alexandra Canal examine some of today's trending tickers. The ...

The stock price has roughly doubled since billionaire Bill Ackman and his hedge fund Pershing Square disclosed the purchase of about $46.5 million in Hertz's stock, or 12.71 million shares, on ...

Pershing Square founder Bill Ackman kicked off a massive Hertz (HTZ) stock rally yesterday when a Securities and Exchange ...

Hertz Global Holdings Inc. shares had their biggest gain ever after CNBC reported that Pershing Square Capital Management had amassed a position of almost 20% in the beleaguered car rental ...

Plus, Bill Ackman quietly builds a big stake in Hertz and RedBird swoops in to take control of The Telegraph sale ...

Even though Hertz's gains on Wednesday were massive, the car rental company's stock isn't a stranger to such eye-watering ...

Pershing Square Capital Management says it now owns about 4.1% of the company.