Why Is Hertz Global Stock Soaring Friday?
Hertz (HTZ) stock surged 20% after beating Q2 earnings expectations. CEO Gil West highlights strong turnaround and undervaluation.
Hertz made more money than people expected in the past three months, so lots of investors got excited and bought the stock. When a company does better than expected, it's a sign the business might be getting healthier—but one good quarter doesn't guarantee everything will stay that way.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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