Why Hertz (HTZ) Is Down 46.9% After Dilutive Equity Offering And Softer Used-Car Economics

Simply Wall St.
Jun 27

Earlier this week, Hertz Global Holdings completed a US$100,000,000 follow-on equity offering of 37,037,037 common shares at US$2.70 each, alongside a planned US$300,000,000 exchangeable notes issue, ...

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