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Hertz Liquidity Issues

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Hertz Shares Plunge 27 as Cash Reserves Dwindle Amid Financial Woes — DotMR Photo Desk

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Business & Finance

Nov 6, 12:43 AM•4 min read

Hertz Shares Plunge 27% as Cash Reserves Dwindle Amid Financial Woes

Hertz Global Holdings Inc. shares plummeted 27% after the company warned of reduced cash reserves, projecting $800 million liquidity by year-end, down from $1 billion.

Rohan Deshmukh

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