Why Hertz Stock Plunged Today

Shares of Hertz Global Holdings (NASDAQ: HTZ) were tumbling today after the car rental giant posted disappointing results in its first-quarter earnings, as the company continued to experience challenges with its EV fleet.

As a result, the stock was down 19.8% as of 3:28 p.m. ET.

Image source: Getty Images.

Source Fool.com

← Previous article

Stevanato Group to Report First Quarter 2024 Financial Results on May 9, 2024

Why Broadcom, Taiwan Semiconductor Manufacturing, and Arista Networks Rallied Even on a Down Day for the Nasdaq

Comments

The discussion is visible to sharewise members.