Bankrupt Hertz wants to sell up to $1B in new shares after stock spikes
Hertz's shares rose to $5.53 earlier this week, a nearly 10-fold increase over their closing price of 56 cents following the company's May 22 bankruptcy filing.
Thursday, June 11, 2020
Bankrupt Hertz wants to sell up to $1B in new shares after stock spikes
Bankrupt Hertz wants to sell up to $1B in new shares after stock spikes
Hertz's shares rose to $5.53 earlier this week, a nearly 10-fold increase over their closing price of 56 cents following the company's May 22 bankruptcy filing.
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