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

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

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

Tariffs on imported new cars may prop up the values of existing vehicles, such as those in rental group’s fleet ...

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 ...

Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the ...

Hedge fund billionaire & high-profile political pundit Bill Ackman turned generational wealth into a veritable fortune ...

Stocks (^GSPC, ^IXIC) wavered into the weekend, with the Dow Jones Industrial Average (^DJI) slipping as UnitedHealth (UNH) ...

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

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 ...