Hertz Global Holdings stock jumped Wednesday after the car-rental company announced it plans to sell cars on Amazon.com.

Hertz will be slinging its used cars through a top online marketplace. Its inventory will include all major brands. 10 stocks ...

Update: Adds company confirmation Hertz (NASDAQ:HTZ) has confirmed a pact with Amazon Autos (NASDAQ:AMZN), allowing shoppers ...

Hertz showed Q2 progress with positive adjusted EBITDA and better cost controls, but high leverage and market risks limit ...

Shares of global car rental company Hertz (NASDAQ:HTZ) fell 3.4% in the morning session after ongoing concerns about its ...

Carvana Co (NYSE:CVNA) shares are trading lower Wednesday after Hertz Global Holdings Inc (NASDAQ:HTZ) announced that it will sell certified used cars on Amazon.com Inc (NASDAQ:AMZN) Autos.

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Mar. 01, 2024 12:54 AM ET Hertz Global Holdings, Inc. (HTZ) Stock CAR, TSLA, HTZ 10 Comments 5 Likes ...

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Hertz stock dropped significantly following that, as you’d expect. Without being listed on a major exchange, trading volume tends to dry up, which leads to a slumping share price.

Hertz, to its credit, disclosed the risks to prospective stock shareholders quite openly. If it had been permitted to proceed with the sale, buyers could not have said they weren’t warned.