Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet on the ...

Hedge fund billionaire & high-profile political pundit Bill Ackman turned generational wealth into a veritable fortune ...

Shares rise 125% over two days as Pershing Square takes nearly a 20% stake.

Billionaire hedge fund manager Bill Ackman posted his investment thesis for Hertz on Thursday, one day after disclosing his fund, Pershing Square, had built a sizable stake in the car rental company.

Pershing Square CEO Bill Ackman said in a post on X, formerly Twitter, “We began accumulating shares in Hertz (HTZ) late last year, and as of ...

Ackman’s Pershing Square Capital bought $46 million in Hertz shares. The stock has now nearly doubled in two days.

Hertz Global Holdings Inc. shares had their biggest gain ever after CNBC reported that Pershing Square Capital Management had ...

Hertz Global shares are jumping 25%, adding to Wednesday's 56% surge, as traders continue to welcome news that billionaire investor Bill Ackman's Pershing Square hedge fund has [accumulated a stake of ...

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

Hertz sold a large portion of its EV fleet to cut operating costs, including expenses associated with remote charging, and ...

While Hertz's stock is still trading about 35% below its level from a year ago, its stock - along with shares of rival Avis Budget Group Inc. (CAR) - rallied on April 3 after President Donald Trump ...