Hertz CEO Encouraged By Bill Ackman's Major Investment: 'We Should All Feel Encouraged' - Hertz Global Holdings (NASDAQ:HTZ)

Hertz CEO Encouraged By Bill Ackman's Major Investment: 'We Should All Feel Encouraged' - Hertz Global Holdings (NASDAQ:HTZ)

Hertz CEO Gil West expressed optimism following Bill Ackman's significant investment in the company.

Hertz Wins Over Ackman in Bet Tariffs Will Raise Value of Cars

Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz in a bet on the rental car company’s turnaround plan and that tariffs will boost the value of its vehicles.

Pershing Square CEO Bill Ackman Suggests Hertz-Uber Partnership on Autonomous Vehicles

Pershing Square CEO Bill Ackman — who disclosed in a Thursday (April 17) post on X that the firm owns a 19.8% stake Hertz — said in the post that Hertz and Uber would be ideal partners to roll out a fleet of autonomous vehicles (AVs).  Calling the idea a “fun thought experiment,” Ackman said in the post that such a partnership would bring together Hertz’s fleet of 500,000 vehicles, expertise in vehicle maintenance and 11,200 locations globally w…

Businessman believes that the company should benefit from tariffs on automobiles given a scenario of rising prices for used cars in the short term

Bill Ackman’s Short Squeeze: A Wild Ride For Hertz Global Holdings Inc. - Data Intelligence

As we head into the weekend, one stock has emerged as a surprise winner in recent trading: Hertz Global Holdings Inc. (HTZ). The rental car company’s shares have surged an astonishing 99.03% over the past week alone. The catalyst behind this sudden move is none other than Bill Ackman’s Pershing Square Capital Management, which has taken a significant stake in Hertz Global Holdings Inc. According to reports, Pershing Square purchased 12.71 millio…