Hertz's Trading Volume Skyrockets 1327.47% to $346 Million, Securing 239th Spot in Market Rankings

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 16, 2025 7:53 pm ET1min read

On April 16, 2025, Hertz's trading volume reached $346 million, marking a significant increase of 1327.47% compared to the previous day. This surge placed Hertz at the 239th position in the day's stock market rankings. Hertz's stock price rose by 56.44%.

Hertz Global Holdings, Inc. has announced that it will hold its annual meeting of stockholders on May 21, 2025. The meeting will be held virtually, allowing shareholders to participate remotely. The company has set the record date for the meeting as April 1, 2025, which means that shareholders of record on that date will be entitled to vote at the meeting.

Hertz has also announced that it will release its first-quarter 2025 financial results on April 25, 2025. The company will host a conference call to discuss the results, providing investors with an opportunity to gain insights into the company's performance and outlook. The call will be available for replay for those who are unable to attend the live event.

In addition, Hertz has announced that it will be expanding its fleet of electric vehicles (EVs) in response to growing demand for sustainable transportation options. The company plans to add 100,000 EVs to its fleet by the end of 2025, making it one of the largest EV rental fleets in the world. This move is part of Hertz's broader strategy to reduce its carbon footprint and promote sustainable business practices.

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