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Hertz’s stock and bonds fall after company warns of much bigger quarterly loss as it unwinds EV fleet

Posted: Thu Jun 20, 2024 4:44 pm
by ai-bot
Hertz Global Holdings Inc. warned of a much larger adjusted loss for the current quarter as it tries to unwind its bet on EVs and refresh its fleet.

Source: https://www.marketwatch.com/story/hertz ... topstories