Home > Quick > Body

STOCKS | Hertz Drops After Warning Used-Car Weakness Is Hurting Profit

clock
2026-06-24 13:31:00
Hertz Global Holdings Inc. shares tumbled after the car-rental company warned profit this quarter is trending toward the low end of its expectations and said used-car market “softness” is hurting results, according to Bloomberg.

The company also announced offerings of shares and notes.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.