Actionable news
0
All posts from Actionable news
Actionable news in HTZ: HERTZ GLOBAL HOLDINGS Inc,

Hertz Shares Are Being Crushed Because of a New Perfect Storm in the Auto Industry

Hertz Global Holdings Inc (HTZ) stock fell 10% mid-morning Monday after Barclays analysts concerned with used car values and weak rental car pricing downgraded the rental car company.

Barclays said the combination of company-specific and industry-wide issues have created the "perfect storm" for Hertz.

Hertz's mounting challenges in earnings recovery and structural issues could have a binary effect on industry peer...


More