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Herc Holdings (HRI) Plunges 5.24% Amid Earnings Anticipation

Mover TrackerMonday, Apr 21, 2025 6:32 pm ET

1min read

Herc Holdings (HRI) shares plummeted 5.24% today, marking the lowest level since November 2023, with an intraday decline of 7.96%.

Herc Holdings is anticipated to release its earnings results soon, and historically, the company has surpassed analysts' revenue expectations by 2.5%. This upcoming announcement could sway investor sentiment and impact the stock price.

Herc Holdings' shares have exhibited significant volatility, with 29 moves greater than 5% over the past year. This trend suggests that investors should brace for substantial price fluctuations.

Bridgewater Associates LP notably reduced its position in Herc Holdings by 68.4% in the fourth quarter. This substantial sell-off by a major investment firm could negatively affect the stock price due to perceived lack of confidence.

Herc Holdings recently secured the 2025 Great Place to Work Certification in the U.S. and Canada. This recognition underscores the company's robust workplace culture, which may positively influence investor perception and long-term stock performance.

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