The Latest Breaking News from Hertz

While the car rental company Hertz Global (HTZ) has witnessed surging consumer demand due to easing travel restrictions, its shares have plummeted nearly 31% in price year-to-date. So, let’s evaluate if it is worth adding the stock to your portfolio now. Read on to learn more.

Individual issues do not react in the same way to a company's efforts to enhance shareholder value.

A doubling of prices is due to hire firms selling stock in lockdown, and now paying top dollar to rebuild their fleets

It comes as a recent report showed that car hires are also rising across Europe

Uber Technologies Inc (NYSE: UBER) will soon let users in select cities across the world book a Tesla Inc (NASDAQ: TSLA) or a Polestar electric vehicle for their rides

A 450-hp Shelby-tuned Mustang will also be available to rent as a coupe or convertible.

It looks like the black-and-gold coupe is back.

Hertz Global Holdings, Inc (NASDAQ:HTZ) chief Stephen Scherr saw a recovery in business travel and possibly choking the already packed supplies of rental cars, CNBC’s Jim Cramer reports. However, the rebound of business travel is still in its early stages compared to leisure travel, Scherr said. He saw the in-bound visitor from…

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