Hertz Global Holdings shares rise 1.34% premarket after expanding Rent2Buy program to over 100 US cities.

Hertz Global Holdings, Inc. rose 1.34% in premarket trading, with the company expanding its Rent2Buy program to over 100 US cities. This program allows customers to test drive vehicles at a low daily rate for up to three days before purchasing, which has been well-received with 80% of renters choosing to buy. This expansion aligns with the growing consumer trend of 'try before you buy' and is likely driving investor optimism.