Why Hertz Stock Tumbled and Then Recovered Today
Hertz Global Holdings (NASDAQ: HTZ) stock initially tumbled Tuesday by as much as 11.9% after the car rental giant posted a disappointing third-quarter earnings report before the opening bell. However, the stock then made a surprising recovery over the course of the session, and was up by 9.2% as of 3:20 p.m. ET.
Here's why.
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Source Fool.com
