Carl Icahn Moves On Hertz Global Holdings, Inc.
Carl Icahn has an 8.48% stake (38,800,000 shares) in Hertz Global Holdings, Inc. (NYSE:HTZ) according to a just released 13D filing with the Securities and Exchange Commission, amounting to about $1.2 billion at yesterday’s closing price, calling the stock ‘undervalued’. News that Icahn is moving in looks to have saved Hertz from what would have been a terrible trading day after yesterday’s lowered guidance.
Carl Icahn's filing saved what would have been a terrible day for Hertz
Hertz . . .
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