Tag: surged
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Hertz skyrockets 825% since filing for bankruptcy as Robinhood traders pile in (HTZ)
Edward Berthelot/Getty Images Since filing for bankruptcy in late May, Hertz has surged 825%. That’s not what investors normally expect for a company that declared it can’t meet its debt obligations. Hertz has surged higher following a steady drip of positive economic data that points to a recovery from the damage caused by the coronavirus.…