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Bill Ackman raises stake in Hertz: here’s why I’m not as optimistic
Bill Ackman raises stake in Hertz: here’s why I’m not as optimistic
  • Hertz shares rally as Bill Ackman raises stake in HTZ to nearly 20%.
  • HTZ remains risky due to financial instability and historic volatility.
  • Wall Street currenly sees downside in Hertz stock to $3.31 on average.
Hertz Global Holdings (NASDAQ: HTZ) is up nearly 50% in premarket on Thursday after billionaire investor Bill Ackman announced a sizable stake in the car rental company. Ackman had built a 4.1% stake in Hertz last year. Now, he has increased that stake to 19.8%, as per a source that spoke with CNBC. Ackman’s Pershing […]
April 17, 2025
US stocks open mixed: S&P 500, Nasdaq inch higher, Dow drops 400 points
US stocks open mixed: S&P 500, Nasdaq inch higher, Dow drops 400 points
April 17, 2025
Long KNC: Reclaiming 20 DMA may provide short term upside momentum
[Trade Signal] Long KNC: Reclaiming 20 DMA may provide short term upside momentum
April 17, 2025

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AMD stock price analysis after the $245 billion wipeout
April 17, 2025
Herbalife stock forms rare triangle pattern pointing to a drop to $5
April 17, 2025
EUR/USD forecast: signal and analysis ahead of ECB decision
April 17, 2025
Top crypto price predictions: Mantra, Onyxcoin, and IOTA
April 17, 2025
DAX Index analysis ahead of the ECB decision: is it a buy?
As the Nasdaq 100 index crashes, is it safe to buy the dip?
FTSE 100 index forecast as the GBP/USD exchange rate soars
Plug Power stock price crashed from $75 to $1: what next?
Is the Google stock at risk as Elon Musk’s Grok growth continues?
Here’s why SMCI stock price may surge despite facing headwinds

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Latest Stock Market news

AMD stock price analysis after the $245 billion wipeout Apr 17, 2025
Analysts warn of a third year of revenue decline, stock downgraded as Wipro slides on weak Q1 forecast Apr 17, 2025
Herbalife stock forms rare triangle pattern pointing to a drop to $5 Apr 17, 2025

Latest Forex news

EUR/USD forecast: signal and analysis ahead of ECB decision Apr 17, 2025
[Trade Signal] Short GBP/AUD: the price dropped below a key support and broke the bullish trendline Apr 16, 2025
[Trade Signal] Long EUR/USD: the inverted head and shoulder pattern indicates the price is likely to continue the rally Apr 16, 2025

Latest Crypto news

Bitcoin Pepe presale powers ahead as crypto market reacts to Jerome Powell's latest remarks Apr 17, 2025
CartelFi vs XRP: why investors are looking at CARTFI Apr 17, 2025
Top crypto price predictions: Mantra, Onyxcoin, and IOTA Apr 17, 2025

Latest Commodity news

Vietnam to invest $136B in power capacity by 2030 with nuclear energy in focus Apr 17, 2025
Analysis: crude oil set for weekly rise in 3 weeks; will gains hold? Apr 17, 2025
OPEC receives updated output cut compensation plans from Iraq, Kazakhstan and others Apr 16, 2025

More breaking stories

NodeOps rolls out Staking Hub to offer staking across networks
NodeOps rolls out Staking Hub to offer staking across networks April 17, 2025
Short HBAR: Continued stay below 20 DMA signals short-term bearish bias for HBAR
[Trade Signal] Short HBAR: Continued stay below 20 DMA signals short-term bearish bias for HBAR April 17, 2025
Polkadot price prediction as Copper and P2P.org bring DOT staking to institutions
Polkadot price prediction as Copper and P2P.org bring DOT staking to institutions April 17, 2025
Long ALGO: Reclaiming 20 DMA signals short term bullish momentum for ALGO
[Trade Signal] Long ALGO: Reclaiming 20 DMA signals short term bullish momentum for ALGO April 17, 2025
ECB cuts rates by 25 bps as inflation eases, but warns trade tensions cloud growth outlook
ECB cuts rates by 25 bps as inflation eases, but warns trade tensions cloud growth outlook April 17, 2025
Dogecoin (DOGE) bulls plot for $0.74, but $0.30 resistance wall must fall first
Dogecoin (DOGE) bulls plot for $0.74, but $0.30 resistance wall must fall first April 17, 2025
This under $1 crypto will outshine Solana (SOL) and score a $10 billion market cap
This under $1 crypto will outshine Solana (SOL) and score a $10 billion market cap April 17, 2025
Eli Lilly stock surges 11% on obesity pill’s success in first late-stage trial
Eli Lilly stock surges 11% on obesity pill’s success in first late-stage trial April 17, 2025
Coinbase’s Base under fire over ‘contentcoin’ experiment
Coinbase’s Base under fire over ‘contentcoin’ experiment April 17, 2025
Cables sets a new standard for onchain community: focusing on utility, ownership, and global liquidity
Cables sets a new standard for onchain community: focusing on utility, ownership, and global liquidity April 17, 2025
HNT gains 60% as Helium Mobile surpasses major US telecoms in prepaid subscriptions
HNT gains 60% as Helium Mobile surpasses major US telecoms in prepaid subscriptions April 17, 2025
Czech Republic ends reliance on Russian oil after 60 years
Czech Republic ends reliance on Russian oil after 60 years April 17, 2025
Crypto wrap April 17: RAY, HYPE rise as Bitcoin stays above $84K
Crypto wrap April 17: RAY, HYPE rise as Bitcoin stays above $84K April 17, 2025
WhiteBIT takes the lead as Golden Partner at Liquidity 2025, unveiling new institutional services
WhiteBIT takes the lead as Golden Partner at Liquidity 2025, unveiling new institutional services April 17, 2025
Long XAU/GBP: breakout above key highs hints at accelerated bullish run to 2,600 level
[Trade Signal] Long XAU/GBP: breakout above key highs hints at accelerated bullish run to 2,600 level April 17, 2025
Sainsbury’s shares rise as profit tops £1bn; analysts flag cautious guidance amid price war risks
Sainsbury’s shares rise as profit tops £1bn; analysts flag cautious guidance amid price war risks April 17, 2025
Russia explores stablecoin alternative to USDT amid new Garantex sanctions
Russia explores stablecoin alternative to USDT amid new Garantex sanctions April 17, 2025
Indian markets close: Sensex soars 1,509 points, Nifty closes at 23,850 as bulls extend rally to fourth day
Indian markets close: Sensex soars 1,509 points, Nifty closes at 23,850 as bulls extend rally to fourth day April 17, 2025
Base meme token crashes 95% after launch: what sets PepeX apart?
Base meme token crashes 95% after launch: what sets PepeX apart? April 17, 2025
Red alert: SCHD ETF just flashed a rare risky pattern
Red alert: SCHD ETF just flashed a rare risky pattern April 17, 2025
AERGO price crashes on market manipulation speculation
AERGO price crashes on market manipulation speculation April 17, 2025
Europe market open: Stoxx 600 edges lower before ECB rate call; Siemens energy upgrade sparks rally
Europe market open: Stoxx 600 edges lower before ECB rate call; Siemens energy upgrade sparks rally April 17, 2025
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