Hertz Stock Soars Tuesday: What's Driving the Action?
Hertz Global Holdings Inc (NASDAQ:HTZ) shares are surging Tuesday, extending last week's rally as retail traders continue to focus on the heavily-shorted stock following better-than-expected earnings.
Hertz's stock price jumped up Tuesday because the company made more money than people expected, and lots of individual traders are buying it. When a company does better than expected, that's worth noticing—but remember that prices can move for many reasons, not just how well the business is actually doing.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.