Hertz Shares Fall After Ackman’s Pershing Sells Stake in Firm
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Hertz Global Holdings Inc. shares tumbled as Pershing Square Inc.’s chief investment officer said the asset management firm has sold its stake in the car-rental company.
The news of the sale has raised concerns among investors regarding Hertz's future performance in the market.
HertzPershing Square
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“Hertz Global Holdings Inc. shares tumbled as Pershing Square Inc.’s chief investment officer said the asset management firm has sold its stake in the car-rental company.”
Bloomberg — Hertz Shares Fall After Ackman’s Pershing Sells Stake in Firm