Hertz Global Holdings Inc
Stocks making the biggest moves midday: 3M, Northrop Grumman, Halliburton, CoreWeave and more
Check out the companies making headlines in midday trading. 3M — The manufacturing conglomerate jumped 8% on a first-quarter earnings beat. 3M earned an adjusted $1.88 per share on $5.78 billion of revenue, topping the LSEG consensus forecasts of $1.77 per share and $5.76 billion in revenue. RTX — The defense name sank 9%. Despite […]
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Stocks making the biggest moves premarket: GE Aerospace, Amazon, 3M and more
Check out the companies making headlines before the bell. GE Aerospace — The stock moved more than 4% higher after GE Aerospace reported adjusted earnings of $1.49 per share, topping the $1.27 per share anticipated by analysts polled by LSEG. Revenue, however, came in just shy of expectations. Hertz Global Holdings — Shares fell almost […]
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Stocks making the biggest moves midday: Hertz, Nvidia, Amazon, Apple and more
Check out the companies making headlines in midday trading: Hertz — The rental car company dropped 6.4% after the stock rallied 112% after Bill Ackman revealed a big investment . Pershing Square has taken a 19.8% stake in Hertz with outright share ownership and total return swaps. Ackman believes Hertz is “uniquely well-positioned” in President […]
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Stocks making the biggest moves premarket: Tesla, Apple, Amazon, Spotify and more
Check out the companies making headlines in premarket trading. Tesla — The electric vehicle company pulled back more than 4% after Barclays cut its price target on Tesla, citing “confusing” visibility into first-quarter earnings. Netflix — The streaming giant’s stock added 2% following the company’s first-quarter earnings and revenue beat. Netflix also said it sees […]
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Stocks making the biggest moves midday: Eli Lilly, Alphabet, Hertz, UnitedHealth and more
Check out the companies making headlines in midday trading: Alphabet — Shares of the megacap technology name pulled back 1.2% after a federal judge ruled that Google has illegally monopolized online advertising technology , namely the markets for publisher ad servers and ad exchanges. Hertz — The rental car company surged 50% to a 52-week […]
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Stocks making the biggest moves premarket: Hertz, UnitedHealth, Eli Lilly and more
Check out the companies making headlines before the bell: Hertz — Shares of the rental car company soared nearly 16%, extending the gains seen in the previous session. On Wednesday, the stock skyrocketed more than 56% after Bill Ackman’s Pershing Square disclosed that it had taken a sizable stake in the name. UnitedHealth — The […]
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Hertz shares surge more than 50% after Bill Ackman takes big stake in the rental car firm
In this article HTZ Follow your favorite stocksCREATE FREE ACCOUNT Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Bill Ackman’s Pershing Square took a sizable stake in Hertz, the rental-car company that exited from bankruptcy four years ago, sparking a big […]
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Stocks making the biggest moves midday: Nvidia, ASML, Advanced Micro Devices and more
Check out the companies making headlines in midday trading: Nvidia — Shares tumbled more than 7% after Nvidia said it will record a $5.5 billion charge tied to exporting H20 graphics processing units to China, along with other destinations. The company said in a regulatory filing that the U.S. government informed Nvidia it would require […]
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Delta to link its loyalty program to Uber, ending partnership with Lyft
Travelers wait for an Uber ride-share vehicle at Los Angeles International Airport in Los Angeles on Feb. 8, 2023. Mario Tama | Getty Images Delta Air Lines will link its lucrative SkyMiles loyalty program to Uber this spring, the companies announced Tuesday, as the airline ends its eight-year partnership with smaller ride-hailing rival Lyft. Once […]
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The 2 things that will drive the stock market after last week’s Trump-Fed rally
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest […]
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