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Hertz pauses plan to sell $500 million in potentially worthless stock after SEC weighs in
The offering was frozen after discussions with SEC staff, and is "pending further understanding of …
Ben Winck
Hertz shares halted after SEC raises issues with plan to sell potentially worthless stock
"We have let the company know that we have comments on their disclosure," SEC Chair Jay Clayton tol…
Ben Winck
Hertz spikes 68% after revealing plan to sell up to $1 billion in stock that could 'ultimately be worthless'
The irrational run-up poses a risk to potential buyers, and the company plans to warn investors "th…
Ben Winck
Popular bankruptcy stocks Hertz, JCPenney plummet as risk-loving investors cash out
Both stocks recently surged on an unexpected wave of interest from retail traders looking for quick…
Ben Winck
Hertz reveals delisting notice from NYSE, placing fate of mad-dash rally in pending appeal
"There can be no assurance ... whether there will be equity value in the Company's common stock" if…
Ben Winck
Hertz insiders sell shares during post-bankruptcy 1450% rally fueled by Robinhood traders
Ten different insiders at Hertz began selling shares on May 27 all the way up to June 8, at prices …
Matthew Fox
Hertz skyrockets more than 100% after Jefferies suggests CarMax or AutoNation could 'swoop in'
"Our channel checks suggest that KMX and AN among others could be eyeing HTZ in bankruptcy," wrote …
Carmen Reinicke
10 Thing You Need To Know Before The Opening Bell
Confidence Check. The University of Michigan's preliminary September confidence index will be relea…