- MKM Holdings sees the combination of capacity discipline and a price increase by Hertz Global (HTZ +5.3%) as a catalyst for today's rally in the stock and peer Avis Budget (CAR +8.5%).
- Hertz announced yesterday it will close 200 off-airport locations and increase prices by as much as $5 per day in June.
- Previously: Big rally for Hertz and Avis Budget (May. 15 2015)
Higher pricing and tight capacity seen as boost for car rental stocks
Recommended For You
About HTZ Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
HTZ | - | - |
Hertz Global Holdings, Inc. |