Hertz (HTZ) shares fell after the rental-car company reported preliminary second-quarter adjusted corporate Ebitda that missed the average analyst estimate, according to Bloomberg.
Hertz also filed to offer $100 million of stock lent to JPMorgan via a share-lending agreement, and said it won’t receive any proceeds from the sale of the borrowed shares.
FedEx (FDX) dipped after reporting profit that beat Wall Street expectations, but said profit margin for the past quarter declined to 8.4%, below analysts’ expectations, citing “significant headwinds.” Cerebras (CBRS) shares fell after the company forecast 2026 revenue of $855 million to $865 million.
STOCKS | Hertz Slides on Q2 Ebitda Miss; FedEx Drops on Margin Decline
2026-06-24 14:48:22
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