Troubled rental car agency Hertz (NASDAQ:HTZ) was thrown a lifeline of sorts when billionaire investor Bill Ackman revealed his Pershing Square Capital Management hedge fund had acquired a 20% stake in the company worth $46.5 million. In a post on X, Ackman said he assigned a “conservative” $30 per share valuation by 2029 on HTZ […]
The post Is Billionaire Bill Ackman Right Hertz Can Quintuple Its $1.7 Billion Market Cap by 2029? appeared first on 24/7 Wall St..
The Stock Market News
The Stock Market News is a financial news aggregator for traders and investors that proposes to you the latest breaking news headlines on global financial markets, economy and business. Live qoute and chart technical analysis, opinion, price forecast on current stock market, currencies (Forex), cryptocurrency, commodities futures, ETFs, funds, bonds and more. Disclaimer: by using any material of this website, you acknowledge and agree that TheStockMarketNews.com is not responsible for the content, actions or any legal issues arising from third-party websites; materials of this website are not financial advice or call to actions. Trading and investing in financial instruments involve high risks including the risk of investment loss.
Stock Market News