The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management ...

Billionaire investor discloses nearly 20% stake in Hertz, lays out path to greater profitability ...

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle ...

Pershing Square Capital Management says it now owns about 4.1% of the company.

Even though Hertz's gains on Wednesday were massive, the car rental company's stock isn't a stranger to such eye-watering ...

Pershing Square founder Bill Ackman kicked off a massive Hertz (HTZ) stock rally yesterday when a Securities and Exchange ...

Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...

Josh Lipton, joined by Defiance ETFs CEO and chief investment officer Sylvia Jablonski, examines some of the trading day's ...

NEW YORK — Billionaire hedge fund manager Bill Ackman, a prominent supporter of Republican President Donald Trump, has ...

Billionaire hedge fund manager Bill Ackman has donated $250,000 to a super PAC supporting Andrew Cuomo’s campaign for New York City mayor, according to recent campaign finance disclosures. Ackman, ...

Ackman, whose portfolio largely comprises blue-chip companies including Chipotle, Hilton and Alphabet, is betting on a rapid snapback in the rental car company’s fortunes. If that happened, debt ...