Hertz shares surge more than 50% after Bill Ackman takes big stake in rental car firm

Apr 18, 2025 - 10:30
Hertz shares surge more than 50% after Bill Ackman takes big stake in rental car firm
Shares of Hertz surged 56% Wednesday after a regulatory filing revealed Pershing Square had built a 4.1% position as of the end of 2024.