Hertz Global Holdings Inc.'s stock tumbled 12% Tuesday to put it on track for a record-low close, pulled down by bad news from its smaller rival, Avis Budget.
Avis Budget Group’s stock was having its worst day in four years on Tuesday, after the car-rental company said it sold a record number of vehicles during the.
Hertz Global Holdings Inc.'s stock tumbled 7% early Tuesday to put it on track for its lowest close since emerging from bankruptcy in July of 2021, after the.
By Kailyn Rhone Shares of Avis Budget Group rose after rival rental car company Hertz Global Holdings reported a fourth-quarter loss. The stock was up almost.