Key Takeaways Hertz shares dropped Monday, after more than doubling in value last week.Last week's rally came as billionaire ...

Hertz shares jumped 44% after Bill Ackman took a 20% stake, sparking hopes of activist changes despite financial struggles.

Billionaire Bill Ackman is one of the most closely followed investors. The head of Pershing Square Capital Management is ...

The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management ...

Billionaire investor discloses nearly 20% stake in Hertz, lays out path to greater profitability ...

Hertz CEO Gil West said he is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position ...

The rental-car company posted a loss of nearly $2.9 billion in 2024. Hertz chalked up the disappointing results to vehicle ...

NEW YORK — Billionaire hedge fund manager Bill Ackman, a prominent supporter of Republican President Donald Trump, has ...

Pershing Square Capital Management says it now owns about 4.1% of the company.

Uber's share price sits roughly around where Ackman bought back in February. At just 22 times forward earnings estimates as ...

Hertz shares soared Wednesday after billionaire Bill Ackman’s investment firm Pershing Square disclosed a sizable stake in ...

Even though Hertz's gains on Wednesday were massive, the car rental company's stock isn't a stranger to such eye-watering ...