Hertz Global Holdings Warrants (HTZWW)

Morgan & Morgan is representing customers in a mass legal action against Hertz and its brands over a data breach that exposed customer personal information during a cyberattack by the CL0P ransomware group in late 2024.

Hertz will sell used rental cars on Amazon's Autos website in four metro areas, potentially expanding its retail business and diversifying revenue streams while addressing challenges in its core rental business.

Bill Ackman's Pershing Square fund has acquired a significant stake in Hertz, surprising investors. The move is seen as a vote of confidence in the company's future potential, despite its troubled past.

Philippe Laffont’s 13F portfolio value increased from $8.26B to $8.61B this quarter. Click here to read an update on the portfolio's trades for Q3 2022.

Hertz Global Holdings (NASDAQ: HTZWW) told Benzinga on Tuesday it is planning a wider national rollout of Tesla Inc (NASDAQ: TSLA) electric vehicles in more markets next year for its fleet and Model 3 units have "started to arrive" as part of a large order the car rental company had placed earlier this year. What Happened: Hertz has been offering Tesla's most affordable vehicle, the mid-size electric sedan Model 3 for rent on its booking platform but most of the options appear sold out. “The initial deliveries of the Tesla Model 3 have already started to arrive as part of the first wave of our national rollout that will continue to expand to new markets next year,” a Hertz spokesperson said, without offering any further breakup on the initial volumes it has secured ...