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- Hertz Global is exploring options to raise financing, weeks after its new CEO pledged to get the company back on track following a failed bet on electric vehicles, Bloomberg News reported, citing people with knowledge of the matter.
Shares of the car rental company were up 4.1% after the bell. They had hit a record low in April after the company reported a bigger-than-expected quarterly loss.The company did not immediately respond to a Reuters request for comment.It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home.
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