|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||6.39 - 7.30|
|52-week range||0.40 - 7.30|
|Beta (5Y monthly)||2.48|
|PE ratio (TTM)||N/A|
|Earnings date||09 Aug 2021 - 13 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Yahoo Finance's Pras Subramanian breaks down the record-breaking jump in April used car prices.
Hertz’s shareholders stand to recover hundreds of millions of dollars after the car rental company accepted a bid from a private equity consortium to bring it out of bankruptcy protection, which it sought a year ago. Hertz said that a group that includes Knighthead Capital, Certares Opportunities and Apollo Global Management had prevailed over another private equity consortium in an in-court auction held earlier this week in Delaware court. Hertz filed for bankruptcy in May 2020 as the pandemic weighed on demand for business and leisure travel and the falling price of used cars forced it to send cash to its vehicle lenders.