Hertz Global Holdings, Inc. (HTZ) stock surged 32.75% in pre-market trading on Thursday, continuing its upward momentum following Wednesday's 56.44% gain. The dramatic rise comes after news that Bill Ackman's Pershing Square Capital Management has amassed a significant stake in the beleaguered car rental company.
According to a securities filing on Wednesday, Pershing Square disclosed the purchase of 12.7 million Hertz shares, valued at approximately $46.5 million at the time of acquisition. CNBC later reported that Pershing Square's total position, including shares and swaps, amounts to about 19.8% of the company, making it Hertz's second-largest shareholder.
The investment by Ackman's firm, known for taking activist positions, has ignited investor interest in Hertz. The company has been struggling to recover from an ill-fated bet on electric vehicles and is working to revamp its fleet. With Pershing Square's involvement, market participants are speculating on potential strategic changes that could drive Hertz's turnaround and future growth.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。