Heavily traded but low-priced Hertz stock is in the middle of a record rally in supercharged volumes. That usually means just one thing: a short squeeze. Shares of Hertz (HTZ) jumped 30% on Thursday after an earnings beat. On Friday, shares leaped as much as 15%, after huge surges in premarket trading, according to MarketSurge. The stock is also heavily…
Hertz Jumps 30%, Bears Sweat As Short Squeeze Continues
Hertz stock is soaring on huge trading volumes since it reported strong earnings. More than 28% of the public float faces a short interest.
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