Hertz Global Holdings Inc. Blog | Talkmarkets | Page 2
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Are Hertz Global Buyers Paying Something For Nothing?
Article By: Cornell Capital Group
Wednesday, June 17, 2020 3:01 AM EST
In the nearly four months since the COVID-19 outbreak reached the United States the market has experienced an historic crash and equally historic recovery.
In this article: HTZ
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Why Bankrupt Hertz Is A 'Short Squeeze Poster Child' Ahead Of Bizarre Equity Offering
Article By: Benzinga
Tuesday, June 16, 2020 2:53 PM EST
The fact that a bankrupt company is even capable of unloading $500 million in stock to willing buyers is somewhat indicative of just how crazy the market has gotten in 2020.
In this article: HTZ
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FV Trade Of The Week: HTZ
Video By: Jay Soloff
Tuesday, June 16, 2020 7:53 AM EST
Hertz Global declared bankruptcy and received a delisting notice for its stock last week.
In this video: HTZ
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Bankrupt Hertz Warns Buyers They'll Need A Miracle To Avoid Total Loss As Bonds Value Equity At Negative $2 Billion
Article By: Tyler Durden
Monday, June 15, 2020 10:58 AM EST
While retail buyers of HTZ stock are facing a virtually certain total loss, the big winners from the Jefferies led offering are, well, Jefferies which will collect a 3% commission, the lawyer who will make $200K on the deal.
In this article: HTZ
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Hertz' Own Lawyer Admits Stock Price "Disconnected From Fundamentals," Will Go Ahead With Stock Offering Anyway
Article By: Tyler Durden
Saturday, June 13, 2020 2:26 PM EST
On Friday, a bankruptcy judge approved Hertz' attempt to sell up to $1 billion in stock. The bankrupt company was taking advantage of speculators who have sent the stock as high as $6/share, knowing there is no chance that the stock will have value.
In this article: HTZ
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