Hertz’s stock heads for record low after car rental company’s loss was wider than expected

Hertz’s stock heads for record low after car rental company’s loss was wider than expected

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Hertz Global Holdings Inc.’s stock tumbled 7% early Tuesday to put it on track for its lowest close since emerging from bankruptcy in July of 2021, after the car rental company posted a wider-than-expected fourth-quarter loss. As expected, Estero, Fla.-based Hertz HTZ, booked $245 million of…

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