HTZWW

2.76000 USD
0.05
1.78%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
2.72000
2.90000
Previous close
2.81000
Open
2.90000
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Hertz Global Holdings, Inc. Warrant
2.76
0.05
1.78%

Overview

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Description

Hertz Global Holdings Inc. Warrant is a financial derivative that grants the holder the right, but not the obligation, to purchase shares of Hertz Global Holdings Inc. at a specified price before an expiration date. As a warrant, it allows investors to leverage their positions, providing the potential for greater upside with smaller initial capital compared to directly buying stocks. Hertz Global Holdings, a leading vehicle rental company, operates in sectors like car rentals and leasing across global markets. These warrants are particularly significant in the context of Hertz's financial maneuvering post-restructuring and provide investors with a tool to engage with the company’s equity changes. Unlike traditional options, warrants are often issued directly by the company, which may lead to equity dilution if exercised. They are a popular choice for investors looking to take advantage of stock price movements and are often used for speculative strategies or hedging existing stock positions. Overall, Hertz Global Holdings Inc. Warrants play a crucial role in giving investors flexibility and exposure to the company's potential growth and performance in the rental car industry.

About

CEO
Mr. Wayne Gilbert West
Employees
26000
Address
8501 Williams Road
Estero, 33928, FL
United States
Phone
239 301 7000
Website
Instrument type
Warrant
Sector
Industrials
Industry
Rental & Leasing Services
Country
United States
MIC code
XNGS
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