Hertz Global (HTZ.O), opens new tab 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, opens new tab, 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.
Read Article