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Bankrupt Hertz to seize on speculation frenzy with $1 billion stock sale

Bankrupt Hertz to seize on speculation frenzy with $1 billion stock sale

Postby smix » Sat Jun 13, 2020 8:40 pm

Bankrupt Hertz to seize on speculation frenzy with $1 billion stock sale
Reuters

URL: https://www.reuters.com/article/us-hert ... SKBN23J1QS
Category: businessNews
Published: Fri, 12 Jun 2020 21:15:18 -0400

Description: Hertz Global Holdings Inc said it won bankruptcy court approval on Friday to sell up to $1 billion in stock, capitalizing on a remarkable rally in its shares driven by speculators defying conventional market wisdom.
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